Discuss the dividends deduction


Response to the following problem:

The dividends received deduction is always 100% when the corporation receiving the dividends owns at least 80% of the stock in the corporation paying the dividends? Any charitable contributions not deductible in the current year can be carried back two and forward five years.

Support your answer using a minimum of two professional or academic sources.

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Taxation: Discuss the dividends deduction
Reference No:- TGS02109816

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