Which statement is false with regard to the dividends received deduction $?$

$$

$$

$$

$$

Group of answer choices

The dividends received deduction can never exceed the applicable percentage $(50\%,65\%,100\%)$ of modified taxable income.

The dividends received deduction generally applies to dividends received only from domestic corporations.

The dividends received deduction is $100\%$ of the dividend received if the corporate shareholder that receives the dividend owns at least $80\%$ of the dividend$-$paying corporation.

The dividends received deduction is $50\%$ of the dividend received if the corporate shareholder that receives the dividend owns less than $20\%$ of the dividend$-$paying corporation.