### Question
How does Accounting, Allocation, and Foreign Provisions define 100 percent dividend?


### Answer
Under *26 U.S.C. § 812*, **100 percent dividend** is defined as:

> any dividend if the percentage used for purposes of determining the deduction allowable under section 243 or 245(b) is 100 percent

#### Citation:
  - *26 U.S.C. § 812*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter L-Insurance Companies > PART I-LIFE INSURANCE COMPANIES > Subpart D-Accounting, Allocation, and Foreign Provisions**

