Corporations may deduct 80% of dividends received from a domestic corporation if the recipient corporation owns 20% or more and less than 80% of the voting power and value of the stock of the issuing corporation.

Question

Quizplus · Accepted Answer

Ownership interest in a dividend-paying corporation of 20% or more,but less than 80%,allows an 80% dividends-received deduction.

Corporations May Deduct 80% of Dividends Received from a Domestic