26 CFR 1.643(a)-7

§ 1.643(a)-7 Dividends.

United States · 26 CFR — Internal Revenue · Status: effective

Cite this

Citation: 26 CFR 1.643(a)-7, § 1.643(a)-7 Dividends, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110599
Permanent ID: ys:prov:110599@1
SHA-256: 71c91a210f06c3a1d2c7eef4fd352643ded310a789ab67bf18231e13ed98c7e3

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Dividends excluded from gross income under section 116 (relating to partial exclusion of dividends received) are included in distributable net income. For this purpose, adjustments similar to those required by § 1.643(a)-5 with respect to expenses allocable to tax-exempt income and to income included in amounts paid or set aside for charitable purposes are not made. See the regulations under section 642(c).

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.