2007-03-17 10:32:49 · 3 answers · asked by Jana 1 in Business & Finance ➔ Investing
that's a very vague question, but it sounds like you have some wrong information.
2007-03-17 10:37:29 · answer #1 · answered by Jo Blo 6 · 0⤊ 0⤋
Under the Dividends Recieved Deduction a corporation that owns preferred shares in another corporation can deduct from 70-100 percent of the dividends recieved, depending on how much stock it owns. But individuals are not allowed a deduction for dividends. This partially eliminates triple taxation. The original company paying taxes on it, the recieving company paying taxes on it, and their shareholders paying taxes on it if that company pays a dividend.
2007-03-17 14:15:12 · answer #2 · answered by jeff410 7 · 1⤊ 0⤋
Do you mean dividends on preferred stock? They aren't.
2007-03-17 10:42:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋