assumed taxable income from competitive products

(2) the term “assumed taxable income from competitive products”, with respect to a year, refers to the amount representing what would be the taxable income of a corporation under the Internal Revenue Code of 1986 for the year, if— (A) the only activities of such corporation were the activities of the Postal Service allocable under section 2011(h) to competitive products; and (B) the only assets held by such corporation were the assets of the Postal Service allocable under section 2011(h) to such activities.

Source

39 USC § 3634(a)(2)


Scoping language

For purposes of this section
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