tax treatment of capitalisation issue in lieu of 2008 interim dividend

  1. profile image45
    d coyleposted 8 years ago

    tax treatment of capitalisation issue in lieu of 2008 interim dividend

  2. KeithTax profile image74
    KeithTaxposted 8 years ago

    If you receive cash in lieu of a dividend it is taxed as ordinary income, not subject to the special lower dividend/capital gain tax rate. It is reported on the front page of Form 1040 in the other income line.

 
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