District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 47-1811.03: Bases — Property dividends.

Where this section sits in the code

Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
Chapter 18. Income and Franchise Taxes.
Subchapter XI. Bases.

Where any property other than money is paid by a corporation as a dividend, the base to the recipient thereof shall be the market value of such property at the time of its distribution by such corporation.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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