35 Miss. Code R. § 3-02-06-107
Current through May 31, 2024
Stock dividends are distributions of a company's earnings to shareholders in the form of additional shares of the same company according to the proportion of shares owned. Stock dividends are not included in the shareholder's gross income unless the distribution falls under one of the exceptions. Stock dividends do not change the total value of the stockholder's stock, instead the basis of each share changes.
35 Miss. Code. R. § 3-02-06-107