inter-corporate dividends

Definition

The share of profits paid from one company to another in an inter-corporate relationship in the form of a dividend. Since the 1930s, inter-corporate dividends have been subject to double, or multiple taxation as a way to discourage pyramid corporate structures that benefit controlling shareholders at the top of the pyramid.

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You should always make sure that you give out your inter-corporate dividends on time and don't make them wait for them.

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I liked inter-corporate dividends because it allowed us to pay each other and work together in a constructive and positive manner.

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The existence of the inter-corporate dividends was proof that the relationship between the two companies is complex and exceedingly positive.

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Intercontinental Exchange (ICE) inter-dealer broker