If a Corporation Receives Dividends from an 80% or More

question 40

True/False

If a corporation receives dividends from an 80% or more owned affiliated corporation,the dividends-received deduction is 100%.

---

Definitions:

Synovial Joint

A type of movable joint characterized by a space (joint cavity) containing synovial fluid, found in the knees, elbows, and other parts of the body.

Epiphyseal Plate

A layer of cartilage in long bones that is involved in bone growth and lengthening during childhood and adolescence.

Synovial Fluid

A thick, lubricating fluid found in the cavities of synovial joints, reducing friction between cartilage and other tissues in the joint to facilitate smooth movement.

Cartilaginous Joint

A cartilaginous joint is a type of joint where the bones are connected by cartilage, allowing for limited movement.