26 CFR · Internal Revenue
§ 1.643(a)-7 — Dividends.
eCFR · current through Aug 10, 2026
§ 1.643(a)-7 Dividends.
Dividends excluded from gross income under section 116 (relating to partial exclusion of dividends received) are included in distributable net income. For this purpose, adjustments similar to those required by § 1.643(a)-5 with respect to expenses allocable to tax-exempt income and to income included in amounts paid or set aside for charitable purposes are not made. See the regulations under section 642(c).
[T.D. 7357, 40 FR 23742, June 2, 1975]
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Related
§ 1.643
26 C.F.R. § 1.643
Nearby Sections
11
§ 1.643(a)-2
Deduction for personal exemption.§ 1.643(a)-3
Capital gains and losses.§ 1.643(a)-5
Tax-exempt interest.§ 1.643(a)-6
Income of foreign trust.§ 1.643(a)-7
Dividends.§ 1.643(b)-1
Definition of income.§ 1.643(b)-2
Dividends allocated to corpus.§ 1.643(c)-1
Definition of “beneficiary”.