Under the Jobs and Growth Tax Relief Reconciliation Act of 2003, the maximum rate of taxation on dividends received by shareholders was set at ________.

Name: Under the Jobs and Growth Tax Relief Reconciliation Act of 2003, the maximum rate of taxation on dividends received by shareholders was set at ________.
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Question

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The Jobs and Growth Tax Relief Reconciliation Act of 2003 set the maximum rate of taxation on dividends received by shareholders at 15%. Therefore, the correct choice is D.