Corporations can exclude ____________% of the dividends received from preferred stock from taxes.
A) 50
B) 70
C) 20
D) 15
E) 62

Name: Corporations can exclude ____________% of the dividends received from preferred stock from taxes. A) 50 B) 70 C) 20 D) 15 E) 62
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Corporations can exclude 70% of the dividends received from their investments in the preferred stock of other corporations from their taxable income, to avoid double taxation of those dividends.

Corporations Can Exclude ____________% of the Dividends Received from Preferred