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单词 nominee dividend
释义

nominee dividend

Definition
A dividend that is received by an individual on behalf of another. When a dividend is passed on to another recipient, the original recipient is required to file an IRS Form 1099-DIV in order to receive a dividend adjustment for the purpose of reducing their taxable dividend interest. However, the new recipient of the dividend is required to pay tax on this dividend income.
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更新时间:2025/4/17 9:44:44