Mr.Chan has created a holding company between himself and his corporation (which earns only active business income) .This will permit which of the following?
A) The corporation's income will not be taxed.
B) Mr.Chan will receive dividends from the holding company, free of tax.
C) The holding company will receive dividends from the corporation, free of tax.
D) Mr.Chan will receive dividends from the corporation, free of tax.
Correct Answer:
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