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

Non-Permanent Resident Alien

A non-citizen with a green card employed in the U.S. Non-permanent resident aliens are subject to ...

Schedule Injury

Injury covered under workers compensation insurance. For every part of the body that may be injured, ...

Accrued Benefit Cost Method

Actuarial method of crediting retirement benefits earned and the costs associated with these earned ...

Teaser Rate

The initial interest rate on an ARM, when it is below the fully indexed rate. ...

Neglect

Failure to exercise proper care. Many property insurance policies exclude losses that result from ne ...

Percentage Participation

(coinsurance) plan where a portion of medical expenses are paid by an insured. Some health insurance ...

Related Real Estate FAQ

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

What Is A Good Faith Estimate?

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

What Do I Need To Know About Term Life Insurance?

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

What Is A Sales Contract?

A sales contract is the contract you draw up when you want to make an offer on a home. ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

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

Short Sale Homes How To Get A Loan with Bad Credit 7 Tips for a First Time Homebuyer Home Prices - The Extra Costs How Does The Home Loan Underwriting Process Work?

FAQ

What is a gift letter? What is a front-end ratio? What is a buyer's agent? What is a balloon mortgage? What is homeowners insurance?