Per the course textbook, a CCPC will not qualify for the Small Business Deduction, if the CCPC has Canadian Taxable Capital of less than $10,000,000. and the end of this year.

True

False

For this year, it is possible for a CCPC to receive a SRED Cash refund if the CCPC's Taxable Captial is over $100,000,000 , this year and last year.

True

False

if a Canadian public corporation has a foreign business in the United States, the company's part I tax abatement would be adjusted for the percentage of total operating expenses in the United States to the total operating expenses in the entire corporation.

True

False

For a CCPC, this year's PART IV tax on dividends received from a CONNECTED Subsididary is NOT determed by the CONNECTED subsidary's dividend refund for this year.

True

False