Dividends-Received Deduction definition
Dividends-Received Deduction means the deduction allowed to corporate holders of certain preferred stock with respect to dividends received on such stock by Section 243(a)(1) of the Code, or any successor thereto.
Dividends-Received Deduction shall have the meaning set forth in Section 5.3(a) hereof.
Dividends-Received Deduction shall have the meaning set forth in Section 6.7 hereof.
Examples of Dividends-Received Deduction in a sentence
I-5 Dividends-Received Deduction............................................
More Definitions of Dividends-Received Deduction
Dividends-Received Deduction means, with respect to any share of STRAPS and any dividend paid thereon to the Holder of such share, the deduction generally allowed to a corporate holder of stock in a taxable domestic business corporation in computing such Holder's taxable income for purposes of the regular federal corporate income tax under section 243(a)(1) of the Code, or any successor provision, equal to a percentage rate multiplied by the dividends (as defined in section 316(a) of the Code) received on such stock, determined (1) without regard to the amount of the issuer's stock owned by such Holder and (2) assuming that any limitations on such deduction based on the facts or circumstances relating to particular Holders (such as limitations based on a minimum holding period, the allocation of interest expense or debt to the purchase of stock, or the Holder's taxable income or status as a taxpayer) do not apply. "Eight-Year Dividend Period" has the meaning specified in paragraph 3 (b) (vii) below.
Dividends-Received Deduction means the dividends-received deduction of section 243 of the Code, which entitles certain taxpayers, under certain circumstances, to claim a deduction in an amount equal to 70% of the dividends received on shares of New Preferred Stock.
Dividends-Received Deduction means the dividends-received deduction on preferred stock held by nonaffiliate corporations (currently found in Section 243(a) of the Code).
Dividends-Received Deduction means the dividends received deduction generally allowed to nonaffiliated corporate holders of certain stock under Section 243(a)(1) of the Code, or any successor thereto, with respect to dividends received on such stock.
Dividends-Received Deduction means the dividends received deduction available to those corporate holders of AMPS who satisfy the holding period and other applicable requirements of the Code as provided by Sections 243 and 854 of the Code.
Dividends-Received Deduction means the corporate dividends received deduction generally allowed to non-affiliated corporate holders under Section 243(a)(1) of the Code as in effect with respect to a Paragraph 12.3
(a) Dividend or an Additional Dividend, as the case may be.