Dividend Received Deduction

Dividend Received Deduction means:
a subtraction from dividends qualifying as taxable income. Domestic corporations may, with exceptions, exclude 70%, 80%, or 100% of the dividends received from an equity issue of another domestic corporation. An exclusion for individual taxpayers of $100 ($200 for couples filing jointly) was eliminated by the Tax Reform Act of 1986. Former IRC (check if this IRC provision is current here) §§243-246A.

See Dividend in the American Legal Encyclopedia and Dividend in the World Legal Encyclopedia.