These include the deductions for net operating loss, charitable contributions, domestic production activities deduction, dividends received deduction and others.

Furthermore, dividends received from companies resident in other member states should be exempt from tax altogether.

Therefore, the dividends received deduction is available only with respect to dividends "attributable" to stock financed through other means besides debt.

As a result, the dividends received deduction is reduced by the percentage of the investment funded by debt.

Dividends received by other corporations may be taxed at reduced rates, or exempt from taxation, if the dividends received deduction applies.

Given the attention that dividends have received lately, the situation is especially perplexing.

A dividend received from a Greek company.

Interest and dividends received from related parties organized in the same country as the recipient.

For 2006 through 2009, interest or dividends received from any related party.

Unlike a C corporation, an S corporation is not eligible for a dividends received deduction.