consent dividend

A dividend that is not actually paid to the shareholders, but is taxed to the shareholders and increases the basis in their stock investment.

• A corporation declares a consent dividend to avoid or reduce an accumulated-earnings or personal-holding-company penalty tax.

---

词条贡献者

资深译员筠怡，国际知名法学院民商法专业，专注翻译各种与商业和侵权诉讼有关的法律文件。