Which One of the Following Is NOT True for a Company

Multiple Choice

Which one of the following is NOT true for a company?

A) Interest paid on bonds issued last year is tax deductible.
B) Regular dividends to be paid this year are not tax deductible.
C) Regular dividends to be paid this year will be tax deductible if the company has a net loss for the year.
D) Preference share dividends to be paid this year are not tax deductible.