Mississippi Administrative Code
Title 35 - Department of Revenue
Part 3 - Income and Franchise
Subpart 02 - Gross Income
Chapter 06 - Dividend Income
Section 35-3-02-06-107
Universal Citation: MS Code of Rules 35-3-02-06-107
Current through September 24, 2024
Stock dividends are distributions of a company's earnings to shareholders in the form of additional shares of the same company according to the proportion of shares owned. Stock dividends are not included in the shareholder's gross income unless the distribution falls under one of the exceptions. Stock dividends do not change the total value of the stockholder's stock, instead the basis of each share changes.
Disclaimer: These regulations may not be the most recent version. Mississippi may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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