Yes.
You sometimes earn money in an investment that doesn't get sent to you. In that case what has happened is that the money that you earned - and are being taxed on - is being reinvested on your behalf. In this case the business is taking your share of the earnings and using it to grow the business which will theoretically grow your investment.
So, technically, you got the money and spent it on helping the business out. You're taxed on money that you get, not on how you spend it. And you spent your money (without any input from you, granted) on taking care of the business.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
