active foreign business percentage
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 871 — for purposes of this section
Except as provided in paragraph (1)(B)(iv), the term “active foreign business percentage” means, with respect to any existing 80/20 company, the percentage which—
(A) the active foreign business income of such company for the testing period, is of
(B) the gross income of such company for the testing period from all sources.