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One of Your More Socially Conscious Friends Has Just Learned

Question 18

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One of your more socially conscious friends has just learned that dividends received by a Canadian corporation from other Canadian corporations are not subject to any form of taxation. In his view, this is additional evidence of how the government is allowing corporations to "rip-off" the Canadian public. Do you agree with the view being expressed by your friend? Explain your position.

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A corporation does not get a tax deducti...

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