Does a trust qualify for the 15% federal rate on dividends?

October 6, 2003

Subject:  taxes on dividends

From:  Rick
Date:  Mon, 15 Sep 2003

When the entity receiving a dividend is a trust, does it qualify for the 15% dividend tax rate?

Answer

Date:  Fri, 03 Oct 2003

Yes, for taxable years beginning after December 31, 2002.

Good luck!
Mike Gray

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