Notice 2015-41: Capital gain dividends of RICs

Notice 2015-41: Capital gain dividends of RICs

The IRS today released an advance version of Notice 2015-41 as guidance for regulated investment companies (RICs) and their shareholders concerning capital gain dividends of RICs.

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Notice 2015-41 [PDF 60 KB] updates prior guidance to take into account changes made to section 852 by the Regulated Investment Company Modernization Act of 2010, and to address other aspects of the computation and treatment of capital gain dividends of RICs.

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