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Which of the following statements with respect to the Tax on Split income $($TOSI$)$ is NOT correct?

a$.$ For purposes of this tax, a Specified Individual is a resident of Canada, without regard to their age.

b$.$ The only personal tax credits that can be applied against the TOSI are the disability tax credit, the dividend tax credit, and foreign incom ${?}^6$ tax credits that are related to the income.

c$.$ Split income can include interest received from a private company.

d$.$ The federal tax is applied at a $33\%$ rate to all of the income of a Specified Individual.