uestion $18(1$ point$)1)$ ListenWhich of the following statements with respect to dividends is NOT correct?Capital dividends can be received by individuals without income tax consequences.$/$ Dividend tax credits are based on a fraction$/$percentage of the gross up on dividends received.All taxable dividends paid by Canadian controlled private corporations are non$-$eligible dividends.Stock dividends are subject to the same gross up and tax credit procedures as regular cash dividends.