Which of the Following Statements Accurately Describes the Tax Treatment

Which of the following statements accurately describes the tax treatment of Canadian corporations?

A) Public corporations are granted beneficial tax treatment on the first $500,000 of business income.
B) CCPCs recognize the general tax reduction on all business income.
C) Public and private Canadian corporations are eligible for the small business deduction.
D) Public and private Canadian corporations are eligible for the general tax reduction.