dividends to policyholders
Defined in 1 place of the United States Code.
The term “dividends to policyholders” means dividends and similar distributions paid or declared to policyholders. For purposes of the preceding sentence, the term “paid or declared” shall be construed according to the method regularly employed in keeping the books of the insurance company.
Source
- 1994–present26 U.S.C. § 834Internal Revenue Code · Determination of taxable investment income · for purposes of this part