10-percent shareholder
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 871 — for purposes of this section
The term “10-percent shareholder” means—
(i) in the case of an obligation issued by a corporation, any person who owns 10 percent or more of the total combined voting power of all classes of stock of such corporation entitled to vote, or
(ii) in the case of an obligation issued by a partnership, any person who owns 10 percent or more of the capital or profits interest in such partnership.
26 U.S.C. § 871 — for purposes of this section
For purposes of this paragraph, the term “10-percent shareholder” has the meaning given such term by subsection (h)(3)(B).