required distribution
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 4981 — for purposes of this section
The term “required distribution” means, with respect to any calendar year, the sum of—
(A) 85 percent of the real estate investment trust's ordinary income for such calendar year, plus
(B) 95 percent of the real estate investment trust's capital gain net income for such calendar year.
26 U.S.C. § 4982 — for purposes of this section (2 versions over time)
The term “required distribution” means, with respect to any calendar year, the sum of—
(A) 98 percent of the regulated investment company's ordinary income for such calendar year, plus
(B) 98.2 percent of the regulated investment company's capital gain net income for the 1-year period ending on October 31 of such calendar year.