Which of the following is NOT one of the characteristics of a constructive dividend?
A) Payment between a corporation and a shareholder
B) Original payment treated as deductible by the corporation
C) Original payment treated as made to the shareholder in some capacity other than as an owner of the corporation
D) All of these choices are common characteristics of constructive dividends.

Question

Quizplus · Accepted Answer

Constructive dividends are typically characterized by payments between a corporation and a shareholder, where the payment is treated as deductible by the corporation, and the payment is treated as made to the shareholder in some capacity other than as an owner of the corporation. Therefore, all the choices listed are common characteristics of constructive dividends, making option D correct as it states that all these choices are common characteristics.

Which of the Following Is NOT One of the Characteristics