In determining the deduction for dividends paid, the rules provided in section 562 (relating to rules applicable in determining dividends eligible for dividends paid deduction) and section 563 (relating to dividends paid after the close of the taxable year) shall be applicable.
26 U.S. Code § 561 - Definition of deduction for dividends paid
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(a) General ruleThe deduction for dividends paid shall be the sum of—
the consent dividends for the taxable year (determined under section 565), and
(b) Special rules applicable
1962—Subsec. (b). Pub. L. 87–403 designated existing provisions as par. (1) and added par. (2).
Effective Date of 1976 Amendment