Distributable Net Income - DNI
- Distributable Net Income - DNI
- In the case of an income trust, an amount that is transferable to unitholders. In the case of an estate trust, the amount to be distributed to a beneficiary. Distributable net income is the maximum amount received by a unitholder or a beneficiary that is taxable; any amount above this figure will be tax free.
Distributable net income is seen as a close estimate of the true economic value the distribution would provide, but the actual amount paid out to those designated will most likely vary. At times, DNI is paid out to minimize the tax burden levied on the trust itself, and it can also provide a steady income to a beneficiary or a unitholder.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
distributable net income — (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a deduction for such… … Black's law dictionary
distributable net income — (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a deduction for such… … Black's law dictionary
distributable net income — n. The maximum amount of money received from distributions from a trust or estate on which beneficiaries may be taxed. abbrv. DNI The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
DNI — distributable net income (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a… … Black's law dictionary
DNI — distributable net income (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a… … Black's law dictionary
DNI — abbrv. Distributable net income. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
DNI — Documento Nacional de Identidad (International » Spanish) * Did Not Include (Computing » Telecom) * Distributable Net Income (Business » Accounting) * Direct Neural Interface (Medical » Physiology) * Department of Naval Intelligence (Governmental … Abbreviations dictionary
DNI — An acronym for distributable net income … International financial encyclopaedia
