In light of these different rules, corporate recipients of extraordinary dividends
that are contemplating a distribution out of E&P should review their E&P calculations to ensure that they have sufficient E&P to fund the distribution.
The deal, subject to approvals, will be closed for a price of $490 million net with a probable distribution of extraordinary dividends
of $140 million.
Over the last 13 years, CEFCU has returned $63 million in extraordinary dividends
Together with the Eesti Telekom shares from the Development Fund, the state would get just over 4 billion kroons from the sale, extraordinary dividends
and income tax on dividends.
The magnitude of the distribution -- which was more than $18 a share -- raised concerns regarding the amount taxable as ordinary income, the potential reduction of a holder's basis in Precision Drilling trust units received, and whether special tax rules applicable to extraordinary dividends
Efforts taken to promote a positive work climate can pay extraordinary dividends
For example, only extraordinary dividends
(dividends in excess of average repatriations in recent years) are eligible.
Primerica Life cannot currently declare additional extraordinary dividends
without prior regulatory approval.
Ru's previous sale of Facebook shares (in 1H12) resulted in the payment of extraordinary dividends
They're loan interest rebates and extraordinary dividends
based on interest paid and interest earned on loans and deposits.
and stock redemptions are the portion of the combined total of dividends declared and stock redemptions paid during the plan year that exceeds the greater of either the employer's adjusted net income (without regard to interest, taxes, depreciation, and amortization expenses) in the preceding plan year or dividends declared in the plan year (if the employer has declared dividends in the same manner for the immediately preceding five consecutive years).
9x in 1997 and PMI could request extraordinary dividends
beyond the statutory restriction, if necessary.