Which of the following statements is true regarding the dividends-received deduction?  The dividends-received deduction is available for dividends received from foreign corporations.    The dividends-received deduction is allowed to provide relief from triple taxation.    Distributions received from S corporations are eligible for the dividends-received deduction.    The stock can be held for only 30 days to be eligible for the dividends-received deduction.

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter8: Consolidated Tax Returns
Section: Chapter Questions
Problem 1BCRQ
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Which of the following statements is true regarding the dividends-received deduction? 

The dividends-received deduction is available for dividends received from foreign corporations. 
 
The dividends-received deduction is allowed to provide relief from triple taxation
 
Distributions received from S corporations are eligible for the dividends-received deduction. 
 
The stock can be held for only 30 days to be eligible for the dividends-received deduction. 
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