applicable percentage

(2) Applicable percentage For purposes of paragraph (1), the term “applicable percentage” means 12.5 percent increased (but not above 25 percent) by 0.25 percentage points for each percentage point by which the rate of payment (as described under subsection (c)(1)(B)) exceeds 50 percent.

Source

26 USC § 45S(a)(2)

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Scoping language

None identified, default scope is assumed to be the parent (subpart D) of this section.

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