When Dividends Are Paid by One Taxable Canadian Corporation to Another

When dividends are paid by one taxable Canadian corporation to another taxable Canadian corporation, the recipient corporation will include the dividends in:

A) both Taxable Income and Net Income For Tax Purposes, but with an offsetting credit against Tax Payable.
B) both Taxable Income and Net Income For Tax Purposes, with no offsetting credit against Tax Payable.
C) neither Taxable Income nor Net Income For Tax Purposes.
D) net Income For Tax Purposes, but not Taxable Income.
E) taxable Income, but not Net Income For Tax Purposes.