disqualified stock

(3) Disqualified stock For purposes of this subsection, the term “disqualified stock” means— (A) any stock in the distributing corporation acquired by purchase during the 5-year period ending on the date of the distribution, and (B) any stock in any controlled corporation— (i) acquired by purchase during the 5-year period ending on the date of the distribution, or (ii) received in the distribution to the extent attributable to distributions on— (I) stock described in subparagraph (A), or (II) any securities in the distributing corporation acquired by purchase during the 5-year period ending on the date of the distribution.

Source

26 USC § 355(d)(3)


Scoping language

None identified. Default scope is assumed to be the entire title.
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