constructive dividend

A taxable benefit derived by a shareholder from the corporation even though the benefit was not designated a dividend.

• Examples include excessive compensation, bargain purchases of corporate property, and shareholder use of corporate property. [Cases: Internal Revenue 3750–3768. C.J.S. Internal Revenue §§ 72, 389–390, 395.]

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词条贡献者

译者崇载，国际名校知识产权法专业，擅长翻译各种与知识产权相关的法律文件。