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Hi and welcome to Just Answer!You are correct - in general - dividends are considered investment income and not business income (that you referred as "operating income").Yes - investment income - is a part of revenue but it is accounted separately.You also account separately for income from rental activities, passive income/loss, capital gain/loss, etc.If local taxes are based on gross revenue - that is generally included investment income - such as dividends, capital gains, etc. However to be specific - that should be verified with local taxing authorities.
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