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That provision would have meant that many dividends would continue to be fully taxable, either because the company paying them was not profitable or because it had found ways to avoid paying taxes.
Foreign dividends would continue to be taxed as ordinary income.
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That is, the personal income tax would continue to tax dividends at a far lower rate than ordinary income.
Spears said the departure from the taskmaster style of Bill Parcells would continue to pay dividends during the second half of the season.
The Bush proposal would not affect people who own stock in 401 k)'s and individual retirement accounts, because their dividends would remain untaxed initially and would continue to be taxed at ordinary income tax rates once money is withdrawn from the accounts.
Emmett Coyne Gainesville, Fla., Feb. 12, 2009 To the Editor: Even in Martin Luther's time, the primary objection to indulgences was not their commodification but the questionable claim that the pope could guarantee an eternal return on the believer's earthly investment, a get-out-of-purgatory-free card that would continue to pay dividends long after death.
He also owned Tustin Bowl before selling it to his youngest son, Alex. Mann bought Kona not because he loved bowling, but because it would continue to pay dividends "even if I were incapacitated".
Earlier this month, Immelt announced the authorization of its regular quarterly dividend of 31 cents a share but said the board would "continue to evaluate the company's dividend level for the second half of 2009 in light of the growing uncertainty in the economy".
The company said it would continue to pay out extra dividends as planned, returning almost £2.8bn, or £9 a share, to investors by 2021.
The French would continue to hold the full dividend rights of its 15 percent stake, but ownership of the other 3 percent would be transferred to a foundation, registered in the Netherlands, that would have no voting rights.
High-dividend stocks would be more attractive, but the most important investment criterion would continue to be the outlook for the company's profit, since a downturn could lead to a price decline that would more than offset the benefits of the dividend, whatever its tax status.
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