worldwide current investment yield

(B)For purposes of subparagraph (A), the term “worldwide current investment yield” means the percentage obtained by dividing— (i)the net investment income of the company from all sources, by (ii)the mean of all assets of the company (whether or not held in the United States). (C)An election under this paragraph shall apply to the taxable year for which made and all subsequent taxable years unless revoked with the consent of the Secretary.

Source

26 USC § 842(b)(4)(B)


Scoping language

For purposes of subparagraph
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