Dividend income is generally sourced on the basic of which of the following a th

Question

Dividend income is generally sourced on the basic of which of the following a the residence of the shareholder receiving the dividend. B. The residence of the corporation paying the dividend. C the source of the corpiration’s income. D. The nature of the cirpiration’s business Dividend income is generally sourced on the basic of which of the following a the residence of the shareholder receiving the dividend. B. The residence of the corporation paying the dividend. C the source of the corpiration’s income. D. The nature of the cirpiration’s business

Explanation / Answer

Dividend Income is generally sourced on the basis of the source of corporation's income. Dividend is paid when there are good earnings of business the corporation in doing. Dividend cannot be paid from other sources income and its clearly depends on business income. So the answer is C.

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