Which of the following is true?
A) The process of pooling mortgages or other types of loans and then selling claims or securities against that pool in a secondary market is called depreciation.
B) Corporations pay taxes on all dividends received from other corporations, no matter their share of ownership.
C) Corporations may pay taxes on only 30 percent of the dividends received from other corporations, depending on their percentage of ownership.
D) Capital gains are treated separately from ordinary corporate income for tax purposes.
Correct Answer:
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