Question: ect Quiz 2 (Modules 3 to 5) B Seved G Ltd., a Canadian private corporation, owns 40% of the voting shares of X Ltd.,

ect Quiz 2 (Modules 3 to 5) B Seved G Ltd., a Canadian private corporation, owns 40% of the voting shares of X Ltd.,

ect Quiz 2 (Modules 3 to 5) B Seved G Ltd., a Canadian private corporation, owns 40% of the voting shares of X Ltd., a Canadian private corporation. In the current year X paid a non-eligible dividend of $60,000 and received a dividend refund from its NERDTOH account of $20,000. In addition, G received eligible dividends of $5,000 from various Canadian public corporations. Determine G's refundable Part IV tax.

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