Go to www legalbitstream com(or www irs gov irb and start with IRB 2011 37) and locate Notice 2011 64 Read the appendix of Notice 2011 64 and determine if dividend income received from foreign corporations located in the following four jurisdictions will be treated as qualified dividends eligible f...

Dividend income received from foreign corporations lo ...

Go to www.legalbitstream.com(or www.irs.gov/irb/and start with IRB 2011-37) and locate Notice 2011-64. Read the appendix of Notice

Question:

Go to www.legalbitstream.com(or www.irs.gov/irb/and start with IRB 2011-37) and locate Notice 2011-64. Read the appendix of Notice 2011-64 and determine if income received from foreign corporations located in the following four jurisdictions will be treated as qualified dividends eligible for the reduced (i.e., 0, 15 or 20 percent) tax rate: Bermuda, China, Jamaica, and the Netherland Antilles.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...