Exchange Currency

spillover dividend

A dividend that is released in one year, but counted as part of another year's income for tax purposes. Dividends announced near the end of a calendar year often have to be counted in the taxable income for that year even if the payment is made during the next year.

Related information about spillover dividend:
  1. Spillover Dividend Definition | Investopedia
    A type of dividend in which the payment year and the taxable year occur at different times. Most often, this occurs when the dividend has been declared near the ...
     
  2. What is spillover dividend? definition and meaning
    Definition of spillover dividend: A dividend that is released in one year, but counted as part of another year's income for tax purposes. Dividends announced near ...
     
  3. Spillover Dividend: Definition from Answers.com
    Spillover Dividend A special type of dividend where the payment year and the taxable year for it are at different times.
     
  4. Spillover Dividend definition and meaning - Define Spillover Dividend
    Spillover Dividend definition - What does Spillover Dividend mean? Spillover Dividend means a dividend that is declared in one year, but is paid in another.
     
  5. Regulated Investment Company Modernization Act of 2010 - Deloitte
    Dec 22, 2010 ... Under prior law, a RIC had to pay a spillover dividend not later than the first regular dividend paid after declaration and within twelve months ...
     
  6. Congress Passes Tax Legislation Affecting ... - Paul Hastings
    Dec 15, 2010 ... The Act permits a RIC to declare a spillover dividend later if it has an ... The Act also permits a spillover dividend to be paid before the first Year ...
     
  7. Legal Alert: Revision of RIC Tax Rules - Sutherland
    Dec 23, 2010 ... The Act modifies the period for declaring a spillover dividend by allowing ... Act also eliminates the requirement that the spillover dividend be ...
     
  8. AB 1423 Assembly Bill - Bill Analysis
    6)Authorize a RIC to declare a "spillover dividend," as defined, by the 15th day of the 9th month following the close of the taxable year to which the spillover ...