Potlatch announces tax treatment for 2008 dividend distributions
Jan 19, 2009. /Lesprom.com/. Potlatch Corporation announced the tax treatment for its dividend distributions made in 2008 on the company’s Common Stock. The regular quarterly distributions of $0.51 per share paid in each quarter of 2008 are classified for income tax purposes as capital gain distributions taxable at the 15% rate.
Jan 19, 2009. /Lesprom.com/. Potlatch Corporation announced the tax treatment for its dividend distributions made in 2008 on the company’s Common Stock. The regular quarterly distributions of $0.51 per share paid in each quarter of 2008 are classified for income tax purposes as capital gain distributions taxable at the 15% rate, the company said in a statement received by Lesprom Network.
Shareholders are encouraged to consult with their tax advisors regarding the tax treatment for their Potlatch distributions.
Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.6 million acres of timberland in Arkansas, Idaho, Minnesota and Wisconsin. Potlatch, a verified forest practices leader is committed to providing superior returns to stockholders through long-term stewardship of its forest resources.