Code Section 4982(b)(1)
| Code Section | Effective Date | Name of Act | Name of Provision |
|---|---|---|---|
| 4982(b)(1) | 12/22/2010 | Regulated Investment Company Modernization Act of 2010 | Increase in Required Distribution of Capital Gain Net Income |
Increase in Required Distribution of Capital Gain Net Income
Explanation of Provision
The provision increases the required distribution percentage of the capital gain net income from 98 percent to 98.2 percent.
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