And Dividends g. FS sells this inventory during the year.
P sells the inventory during the year.
S sells the inventory during the year. S sells the inventory during the year. The constructive dividend in examples 4 and 5 may qualify for deductions under Sections 25106 or 24411. The above examples deal with sales of tangible personal property. Similar tax consequences will result if non arms-length payments are made for services rendered, use of an intangible, or any other intercompany transaction subject to adjustment under 482.