Limitations applicable to dividends received from regulated investment company

FederalStatutes

Ask Donna

How this section applies to your facts.

Title 26—INTERNAL REVENUE CODE > Subtitle A—Income Taxes > CHAPTER 1—NORMAL TAXES AND SURTAXES > Subchapter M—Regulated Investment Companies and Real Estate Investment Trusts > PART I—REGULATED INVESTMENT COMPANIES

This text was captured on Sep 16, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

For purposes of section 1(h)(11) (relating to maximum rate of tax on dividends) and section 243 (relating to deductions for dividends received by corporations), a capital gain dividend (as defined in section 852(b)(3)) received from a regulated investment company shall not be considered as a dividend.

( Aug. 16, 1954, ch. 736 , 68A Stat. 273 ; Pub. L. 88–272, title II , §§ 201(d)(8)–(10), 229(a)(4), Feb. 26, 1964 , 78 Stat. 32 , 99; Pub. L. 96–223, title IV, § 404(b)(6) , Apr. 2, 1980 , 94 Stat. 307 ; Pub. L. 97–34, title III, § 302(c)(4) , (d)(1), Aug. 13, 1981 , 95 Stat. 272 , 274; Pub. L. 98–369, div. A, title I , §§ 16(a), 52(a)–(c), July 18, 1984 , 98 Stat. 505 , 564, 565; Pub. L. 99–514, title VI , §§ 612(b)(6), 655(a)(4), Oct. 22, 1986 , 100 Stat. 2250 , 2299; Pub. L. 100–203, title X, § 10221(d)(3) , Dec. 22, 1987 , 101 Stat. 1330–409 ; Pub. L. 100–647, title I, § 1006(b)(2) , Nov. 10, 1988 , 102 Stat. 3393 ; Pub. L. 108–27, title III, § 302(c) , May 28, 2003 , 117 Stat. 762 ; Pub. L. 108–311, title IV, § 402(a)(5)(A) –(D), Oct. 4, 2004 , 118 Stat. 1184 ; Pub. L. 111–325, title III, § 301(e) , Dec. 22, 2010 , 124 Stat. 3544 .)

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.