passive investment income

(iv)If an S corporation holds stock in a C corporation meeting the requirements of section 1504(a)(2), the term “passive investment income” shall not include dividends from such C corporation to the extent such dividends are attributable to the earnings and profits of such C corporation derived from the active conduct of a trade or business.


26 USC § 1362(d)(3)(C)(iv)

Scoping language

None: Default is title Scope
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