For Integration to Work Perfectly, Two Conditions Must Be Met

For integration to work perfectly, two conditions must be met. For 2020, these two conditions are:

A) the combined federal/provincial tax rate on corporations must equal 13.04% for eligible dividends and 27.54% for non-eligible dividends, and the combined federal and provincial dividend tax credits must equal the gross up.
B) the federal and provincial tax and dividend tax credit rates must be equal.
C) the combined federal/provincial tax rate on corporations must equal 13.04% for non-eligible dividends and 27.54% for eligible dividends, and the combined federal and provincial dividend tax credits must equal the gross up.
D) both the corporate federal tax payable and the federal dividend tax credit must be equal to the gross up.