qualified 10-percent owned foreign corporation

(2)For purposes of this subsection, the term “qualified 10-percent owned foreign corporation” means any foreign corporation (other than a passive foreign investment company) if at least 10 percent of the stock of such corporation (by vote and value) is owned by the taxpayer.

Source

26 USC § 245(a)(2)


Scoping language

None: Default is title Scope
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