Which of the Following Statements with Respect to the Tax

Which of the following statements with respect to the Tax On Split Income (TOSI) is NOT correct?

A) For purposes of this tax, a Specified Individual is a resident of Canada, without regard to their age.
B) The federal tax is applied at a 33 percent rate to all of the income of a Specified Individual.
C) Split Income can include interest received from a private company.
D) The only tax credits that can be applied against the Tax On Split Income are dividend tax credits and foreign income tax credits that are related to the income.