A dividend that is released in one year, but counted as part of another year's income for tax purposes. Dividends announced near the end of a calendar year often have to be counted in the taxable income for that year even if the payment is made during the next year.
Related information about spillover dividend:
- Spillover Dividend Definition | Investopedia
A type of dividend in which the payment year and the taxable year occur at different times. Most often, this occurs when the dividend has been declared near the ...
- What is spillover dividend? definition and meaning
Definition of spillover dividend: A dividend that is released in one year, but counted as part of another year's income for tax purposes. Dividends announced near ...
- Spillover Dividend: Definition from Answers.com
Spillover Dividend A special type of dividend where the payment year and the taxable year for it are at different times.
- Spillover Dividend definition and meaning - Define Spillover Dividend
Spillover Dividend definition - What does Spillover Dividend mean? Spillover Dividend means a dividend that is declared in one year, but is paid in another.
- Regulated Investment Company Modernization Act of 2010 - Deloitte
Dec 22, 2010 ... Under prior law, a RIC had to pay a spillover dividend not later than the first regular dividend paid after declaration and within twelve months ...
- Congress Passes Tax Legislation Affecting ... - Paul Hastings
Dec 15, 2010 ... The Act permits a RIC to declare a spillover dividend later if it has an ... The Act also permits a spillover dividend to be paid before the first Year ...
- Legal Alert: Revision of RIC Tax Rules - Sutherland
Dec 23, 2010 ... The Act modifies the period for declaring a spillover dividend by allowing ... Act also eliminates the requirement that the spillover dividend be ...
- AB 1423 Assembly Bill - Bill Analysis
6)Authorize a RIC to declare a "spillover dividend," as defined, by the 15th day of the 9th month following the close of the taxable year to which the spillover ...