The dividends received deduction can be limited to the dividends received deduction percentage multiplied by the taxable income of the receiving corporation.

Name: The dividends received deduction can be limited to the dividends received deduction percentage multiplied by the taxable income of the receiving corporation.
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This is true according to the Internal Revenue Code Section 243. The deduction cannot exceed the percentage limit based on the taxable income of the receiving corporation.

The Dividends Received Deduction Can Be Limited to the Dividends