Which of the Following Statements Best Describes the Purpose of the Dividend

Multiple Choice

Which of the following statements best describes the purpose of the dividend tax credit?

A) The dividend tax credit attempts to counteract other tax breaks enjoyed by investors.
B) The dividend tax credit attempts to provide more revenue for cash-strapped governments.
C) The dividend tax credit attempts to entice more corporations to list their shares on the TSX.
D) The dividend tax credit attempts to counteract double taxation on investors.
E) The dividend tax credit attempts to counteract the non-deductibility of dividends for corporations.