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A regulated investment company (RIC) is a domestic corporation that acts as an investment agent for its shareholders, typically investing in corporate and government securities and distributing income earned from the investments as dividends (for example, a mutual fund or exchange-traded fund).

The RIC Report — a monthly publication by the Research Investment Committee (RIC) in which analysts share investment themes and actionable ideas including asset allocation recommendations.

Regulated investment companies (RIC) file this form to report their. income, gains, losses, deductions, credits, and. to figure their income tax liability.

An RIC must derive a minimum of 90% of its income from capital gains, interest, or dividends earned on investments. To qualify, at least 50% of a company's total assets must be in the form of cash, cash equivalents, or securities.

A regulated investment company (RIC) ( ¶2301) is subject to tax at the regular corporate income tax rate (21 percent) on its investment company taxable income ( Code Sec. 852(b); Reg. §1.852-3).

Generally, a RIC must: Meet an asset diversification test. Derive at least 90% of its gross income from investment activities. Annually distribute at least 90% of its taxable income to its stockholders.

A regulated investment company is qualified to pass-through income under Regulation M of the IRS, with the specific regulations for qualifying as an RIC delineated in U.S. code, title 26, sections 851 through 855, 860, and 4982.

Use Form 1120-RIC, U.S. Income Tax Return for Regulated Investment Companies, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a regulated investment company (RIC) as defined in section 851.