Dividends received deduction
The dividends-received deduction (or "DRD"), under U.S. federal income tax law, is a tax deduction received by a corporation on the dividends it receives from other corporations in which it has an ownership stake.
The dividends-received deduction (or "DRD"), under U.S. federal income tax law, is a tax deduction received by a corporation on the dividends it receives from other corporations in which it has an ownership stake.