Jan 18, 2011. /Lesprom Network/. Potlatch Corporation announced the tax treatment for its dividend distributions made in 2010 on the company’s common stock. The regular quarterly distributions of $0.51 per share paid in each quarter of 2010 are classified for income tax purposes as follows: $0.125034 (24.516439%) per share as a non-dividend distribution (return of capital) and $0.384966 (75.483561%) per share as a Capital Gain Distribution on the 2010 Form 1099-Div. 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 1.5 million acres of timberland in Arkansas, Idaho, and Minnesota. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary.