Dividends declared by a resident corporation is
A. Exempt from any tax
B. Subject to 10% final tax
C. Subject to regular income tax
D. Subject to 20% final tax
Answer: C. Subject to regular income tax
Dividends declared by a resident corporation is
A. Exempt from any tax
B. Subject to 10% final tax
C. Subject to regular income tax
D. Subject to 20% final tax
Answer: C. Subject to regular income tax