significant possession income

(iii)For purposes of this subparagraph, the term “significant possession income” means possession income which exceeds 2 percent of the possession income of the taxpayer for the taxable year (of the period of 6 taxable years ending with the first taxable year ending on or after) having the greatest possession income. (C)

Source

26 USC § 936(j)(5)(B)(iii)


Scoping language

For purposes of this subparagraph
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