Dividend Received Deduction Report

The Dividend Received Deduction (DRD) report displays the tax deductions received by a corporation on the dividends paid to the corporation by U.S. companies in which it has an ownership stake. The report details the holding period eligibility and values for qualifying dividends. The dividends received deduction mitigates the consequences of triple taxation, that is, taxation that occurs because the company paying the dividend uses after-tax money and the dividends paid to the receiving company are subject to income taxation when paid to its shareholders. Advanced report views for this report include:

• DRD Summary
• DRD Detail
• DRD Income Failing the Holding Period
• DRD Income Potentially Failing the Holding Period

To create the Dividend Received Deduction report:

1. From the Accounting Center window, click Reporting in the left navigation.
2. Double click Investment Accounting, Compliance Reports, and Dividend Received Deduction Report.
   You see the Dividend Received Deduction report panel.
3. Complete the fields on the Dividend Received Deduction report panel.
4. Click Submit.
5. Click Advanced Report or ClassicGrid Report for the report view you want.
   The report results appear on your desktop for the view selected.