26 CFR 1.643(b)-2
§ 1.643(b)-2 Dividends allocated to corpus.
United States · 26 CFR — Internal Revenue · Status: effective
Cite this
- Citation
- 26 CFR 1.643(b)-2, § 1.643(b)-2 Dividends allocated to corpus, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/110602
- Permanent ID
ys:prov:110602@1- SHA-256
e03366baf06ad3a002c31b31313227b120a08dcf004b10809053a8259996fcfa
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
Extraordinary dividends or taxable stock dividends which the fiduciary, acting in good faith, determines to be allocable to corpus under the terms of the governing instrument and applicable local law are not considered “income” for purposes of subpart A, B, C, or D, part I, subchapter J, chapter 1 of the Code. See section 643(a)(4), § 1.643(a)-4, § 1.643(d)-2, section 665(e), paragraph (b) of § 1.665(e)-1, and paragraph (b) of § 1.665(e)-1A for the treatment of such items in the computation of distributable net income.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.