deferred foreign income corporation

(1) Deferred foreign income corporation The term “deferred foreign income corporation” means, with respect to any United States shareholder, any specified foreign corporation of such United States shareholder which has accumulated post-1986 deferred foreign income (as of the date referred to in paragraph (1) or (2) of subsection (a)) greater than zero.


26 USC § 965(d)(1)

Scoping language

For purposes of this section
Is this correct? or