Constructive dividend

Definition
: a benefit (as unreasonable compensation or use of corporate property) or transfer of funds from a corporation to a shareholder that is interpreted by a taxing authority as a dividend



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Based on Merriam-Webster's Dictionary of Law ©2001.
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administrative law judge

an officer in a government agency with quasi-judicial functions including conducting hearings, making findings of fact, and making recommendations for resolution of disputes concerning the agency’s actions


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