Qualified dividend income definition

Qualified dividend income means dividends paid to the Fund
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Qualified dividend income means, among other things, dividends received from a “qualified foreign corporation.” A “qualified foreign corporation” is a corporation that is entitled to the benefits of a comprehensive tax treaty with the United States which includes an exchange of information program. The IRS has stated that the Israel/U.S. Tax Treaty satisfies this requirement and we believe we are eligible for the benefits of that treaty.
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Examples of Qualified dividend income in a sentence

  • Dividends paid to a U.S. stockholder generally will not qualify for the tax rates applicable to “qualified dividend income.” Qualified dividend income generally includes dividends paid by domestic C corporations and certain qualified foreign corporations to U.S. stockholders that are taxed at individual rates.

  • Qualified dividend income is subject to the long-term capital gain tax rate, which is currently a maximum of 20%.

  • Qualified dividend income is generally taxable at rates not in excess of the long-term capital gain rate applicable to such U.S. Holders.

  • Dividends paid to a U.S. stockholder generally will not qualify for the tax rates applicable to “qualified dividend income.” Qualified dividend income generally includes dividends paid by domestic C corporations and certain qualified foreign corporations to U.S.