Internal Revenue Code: Section 303 Stock Redemption Plan

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

Debra Carico real estate agent
Debra Carico, Real Estate Agent RE/MAX American Dream

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.

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