Profits that have been subjected to IAET will be liable to dividend tax when they are eventually declared as dividends. Is it true or false

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
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Profits that have been subjected to IAET will be liable to dividend tax when they are eventually declared as dividends.

Is it true or false? 

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