Which one of the following statements is correct concerning the taxation of dividends and capital gains?
A)Seventy percent of capital gains derived from stock investments are tax exempt for corporate investors.
B)Dividends are a form of tax-exempt income for individual investors.
C)All investors are subject to the same tax rate on dividend income.
D)Individual investors can defer taxation on both dividends and capital gains.
E)As of 2015, individual investors pay a tax rate that varies from 0 to 15 percent on dividend income.

Question

Quizplus · Accepted Answer

As of 2015, individual investors in the U.S. pay a tax rate on qualified dividend income that varies from 0% to 15%, depending on their tax bracket.

Which One of the Following Statements Is Correct Concerning the Taxation