Definitions
For purposes of this subparagraph—
(I) Reported capital gain dividend amount
(I)Reported capital gain dividend amount#
The term “reported capital gain dividend amount” means the amount reported to its shareholders under clause (i) as a capital gain dividend.
(II)Excess reported amount#
The term “excess reported amount” means the excess of the aggregate reported amount over the net capital gain of the company for the taxable year.
(III)Aggregate reported amount#
The term “aggregate reported amount” means the aggregate amount of dividends reported by the company under clause (i) as capital gain dividends for the taxable year (including capital gain dividends paid after the close of the taxable year described in section 855).
(IV)Post-December reported amount#
The term “post-December reported amount” means the aggregate reported amount determined by taking into account only dividends paid after December 31 of the taxable year.