Internal Revenue Code: Section 303 Stock Redemption Plan


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

Charlene Sumo real estate agent
Charlene Sumo, Real Estate Agent Exp Realty LLC

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.

 

Need help from a real estate agent?


Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?


Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.

 

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Popular Insurance Questions