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What Does Double Taxation Mean

Question 113

Multiple Choice

What does double taxation mean?


A) Both wage income and interest income are taxed, which is currently the case in Canada.
B) Both wage income and interest income are taxed, which is no longer the case in Canada.
C) Both the profits of corporations and the dividends shareholders receive are taxed, which is no longer the case in Canada.
D) Both the profits of corporations and the dividends shareholders receive are taxed, which is currently the case in Canada.

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