DIVIDEND RECEIVED DEDUCTION Definition

Bookmark and Share

DIVIDEND RECEIVED DEDUCTION is the reduction of dividend income from the taxable income of the investing corporation, as provided in section 301 of the Internal Revenue Code. Currently, 70% of dividends received from nonaffiliated corporations may be excluded from taxable income.

Learn new Accounting Terms

RCLD see REPRODUCTION COST LESS DEPRECIATION.

MARKET CAPITALIZATION is the total dollar value of all outstanding shares. It is calculated by multiplying the number of shares times the current market price. The term is commonly referred to as 'market cap'.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.