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SEC. 4. SHAREHOLDER

Internal Revenue Bulletin 1997-47 · 2026-10-03 edition · updated 2026-10-04 · United States

TREATMENT OF CAPITAL GAIN DIVIDENDS

A capital gain dividend received from a RIC or REIT in a taxable year of the shareholder ending on or after May 7, 1997, is treated as follows: .01 A 20% rate gain distribution is an amount of long-term capital gain in the 20-percent group; .02 An unrecaptured section 1250 gain distribution is an amount of long-term capital gain in the 25-percent group; and

.03 A 28% rate gain distribution is an amount of long-term capital gain in the 28-percent group.

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▸Contents — Internal Revenue Bulletin 1997-47
Internal Revenue Bulletin 1997-47

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