|Code Section||Effective Date||Name of Act||Name of Provision|
|871(k)||12/31/2009||The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010||Treatment of certain dividends of regulated investment companies|
Treatment of certain dividends of regulated investment companies
Explanation of Provision
The provision extends the rules exempting from gross basis tax and from withholding tax the interest-related dividends and short term capital gain dividends received from a RIC, to dividends with respect to taxable years of a RIC beginning before January 1, 2012.