applicable fraction
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 135 — in this section
For purposes of subparagraph (A), the term “applicable fraction” means the fraction the numerator of which is the amount described in subparagraph (A)(ii) and the denominator of which is the amount described in subparagraph (A)(i).
26 U.S.C. § 42 — for purposes of this section
For purposes of subparagraph (A), the term “applicable fraction” means the smaller of the unit fraction or the floor space fraction.