Type PLR Subject 1.07 - Distribution of Accumulated C Corporation Earnings 6.01 - Distributions - Generally Keywords Distributions Choice of Stock or Cash Dividends Paid Deduction Choice of Stock or Cash Dividends-choice of stock or cash Earnings and Profits Elective Stock Dividends REIT Conversion(s) Year 2017 IRS Link https://www.irs.gov/pub/irs-wd/201717005.pdf Tax Report Link TaxReport (June 20, 2017) Summary Elective stock distribution is a dividend Title PLR 201717005