Question

A personal holding company cannot take a​ dividends-paid deduction forA. throwback dividends.B. consent dividends.C. deficiency dividends.D. preferential dividends.

Answer 1

D. Preferential dividends.

Step-by-step explanation:

A dividend which the shareholder is entitled to receive ahead of the payment of dividends on different classes of shares. The dividend is typically a fixed level of the nominal worth paid up on the shares.