Extraordinary reduction amount

Extraordinary reduction amount means, with respect to a dividend received by a controlling section 245A shareholder from a CFC during a taxable year of the CFC ending after December 31, 2017, in which an extraordinary reduction occurs with respect to the controlling section 245A shareholder's ownership of the CFC, the lesser of the amounts described in paragraph (e)(1)(i) or (ii) of this section.Seeparagraphs (j)(4) through (6) of this section for examples illustrating the application of this paragraph (e).


26 CFR § 1.245A-5

Scoping language

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