Domestic

About Domestic:
Domestic Corporation or Partnership created or organized (or has its place of effective management) in the United States or under the law of the United States or of any U.S. state. Former IRC (check if this IRC provision is current here) §7701(a)(4). Only dividends from a domestic corporation qualify for the dividend received deduction. Former IRC (check if this IRC provision is current here) §243.

Domestic Partnership and California Tax

For more information about taxes in California, click here.

California Family Code section 297 provides that “domestic partners are two adults who have chosen to share one anothers’ lives in an intimate and committed relationship of mutual caring.” Read more.

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