current stock earnings rate
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 809 — for purposes of this section
For purposes of this subsection, the term “current stock earnings rate” means, with respect to any taxable year, the average of the stock earnings rates determined under paragraph (4) for the 3 calendar years preceding the calendar year in which the taxable year begins.