affected shareholders
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1377 — for purposes of this subchapter
For purposes of subparagraph (A), the term “affected shareholders” means the shareholder whose interest is terminated and all shareholders to whom such shareholder has transferred shares during the taxable year. If such shareholder has transferred shares to the corporation, the term “affected shareholders” shall include all persons who are shareholders during the taxable year.