The Dividend Imputation System in Australia and New Zealand Ensures

The dividend imputation system in Australia and New Zealand ensures that:______

A) both company profits and dividends received by shareholders are always taxed at the average rate
B) company profits and dividends received by shareholders are taxed at the same rate
C) if a company pays a dividend out of after-tax profits domestic shareholders who receive this dividend receive a tax credit.
D) Australian resident shareholders do not pay tax on dividends received
E) Australian and New Zealand companies do not pay corporate tax