Jan 17, 2012. /Lesprom Network/. Potlatch Corporation announced the tax treatment for its dividend distributions made in 2011 on the company's Common Stock. The total dividend distribution of $1.84 per share is classified for income tax purposes as follows: $1.01188 (54.955878%) per share as a Non-Dividend Distribution (return of capital) and $0.828812 (45.044122%) per share as a 15% rate Capital Gain Distribution on the 2011 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 1.45 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.