Refers to the taxing of a corporation where dividends are taxed twice; once as income to the company and a second time upon the person or party that receives the dividends as income.
Home »
Law Dictionary » D » DOUBLE TAXATION
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Refers to the taxing of a corporation where dividends are taxed twice; once as income to the company and a second time upon the person or party that receives the dividends as income.