Type PLR Subject 6.01 - Distributions - Generally Keywords Convertible Debt Distributions Change in Conversion of Debentures Choice of Stock or Cash Dividend Reinvestment and Optional Cash Plans Dividends Paid Deduction Choice of Stock or Cash Dividends-choice of stock or cash Earnings and Profits Elective Stock Dividends Year 2016 IRS Link https://www.irs.gov/pub/irs-wd/201631005.pdf Tax Report Link TaxReport (November 28, 2016) (4) Summary Elective stock distribution is a dividend Title PLR 201631005