ne of Congress’s goals is preventing taxpayers from taking undue advantage of the tax rules. To that end it passed IRC section 246A, which prevents corporations from claiming a dividends-received ...

Dividends received by a domestic corporation which owns at least 10 percent of a foreign corporation are subject to a domestic corporation deduction only to the extent that the dividends are deemed ...

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Section 199A dividends are distributions from the profits of domestic real estate investment trusts ...

Editor’s Note: The 2017 tax reform legislation permanently reduced the corporate tax rate from 35 percent to 21 percent. 1 The final version of tax reform did not provide a special tax rate for ...