After 2017, a 100% dividends-received deduction is permitted for any dividends received from a foreign corporation.

Question

Quizplus · Accepted Answer

The 100% dividends-received deduction applies to dividends received from foreign corporations only if the U.S. corporation receiving the dividend owns at least 10% of the foreign corporation and the foreign corporation is a specified 10%-owned foreign corporation. It does not apply to all dividends received from any foreign corporation.

After 2017, a 100% Dividends-Received Deduction Is Permitted for Any