AFP
CTP · Question #208
(Topic 3) Usually, corporations receiving dividends from another corporation can exclude 70 percent of dividend payments from income for tax purposes as long as the stock is owned for at least:
The correct answer is B. 45 days. See the full explanation below for the reasoning.
Question
- (Topic 3)
Usually, corporations receiving dividends from another corporation can exclude 70 percent of dividend payments from income for tax purposes as long as the stock is owned for at least:
Options
- A30 days.
- B45 days.
- C60 days.
- D90 days.
How the community answered
(36 responses)- A11% (4)
- B81% (29)
- C3% (1)
- D6% (2)
Community Discussion
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