base period

(4) Base period The term “base period” means, with respect to any dividend, the shorter of— (A) the period beginning on the ex-dividend date for the most recent previous dividend on the stock and ending on the day before the ex-dividend date for the dividend involved, or (B) the 1-year period ending on the day before the ex-dividend date for the dividend involved.

Source

26 USC § 246A(d)(4)


Scoping language

For purposes of this section
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