Internal Revenue Code Section Stock Redemption Plan


Definition of "Internal revenue code: section 303 stock redemption plan"

Portion of the federal tax code outlining the procedure by which a corporation cancels or redeems its shares with funds paid out of earnings or profits, thus making the distribution a taxable dividend.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Enrollment Card

Document used to sign up employees for plans such as salary savings, life insurance, or other employ ...

Division Fence

Fence constructed at the property line or other division point separating a subdivision or a home si ...

Payoff Month

The month in which a zero loan balance is reached. The payoff month may or may not be the loan term ...

Annual Percentage Rate (APR)

A measure of the cost of credit that must be reported by lenders under Truth in Lending regulations. ...

Recapture Clause

Clause in a percentage lease permitting the landlord to cancel a lease and recover the property i ...

Discount Points

An additional fee imposed by lenders on home mortgages payable in cash at the time of the closing. ...

Related Real Estate FAQ

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Mortgage Loan Types 5 signs of house foundation problems How Does The Home Loan Underwriting Process Work? Should you Buy a Home with Cash? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes?

FAQ

What is accession? Is depreciation common? What is a CD? What are jumbo mortgages? What is title insurance?