The dividend gross-up and dividend tax credit for large public corporations is greater than they are for Canadian-controlled private corporations (CCPCs) because

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corporate income taxes in Canada are lower for large public corporations than for CCPCs.

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a CCPC shareholder receives an enhanced dividend tax credit.

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dividends paid by a CCPC are referred to as non-eligible dividends.

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CCPCs are eligible for a small business deduction.

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The dividend gross-up and dividend tax credit for large public corporations is g...

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