### Question
How does Income Taxes define extraordinary dividend?


### Answer
Under *26 U.S.C. § 263*, **extraordinary dividend** is defined as:

> given to such term by section 1059(c); 

#### Citation:
  - *26 U.S.C. § 263*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IX-ITEMS NOT DEDUCTIBLE**

