portfolio indebtedness

(A)The term “portfolio indebtedness” means any indebtedness directly attributable to investment in the portfolio stock. (B)For purposes of subparagraph (A), any amount received from a short sale shall be treated as indebtedness for the period beginning on the day on which such amount is received and ending on the day the short sale is closed.

Source

26 USC § 246A(d)(3)(A)


Scoping language

For purposes of this section
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