disputable item
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 6603 — in this section
The term “disputable item” means any item of income, gain, loss, deduction, or credit if the taxpayer—
(i) has a reasonable basis for its treatment of such item, and
(ii) reasonably believes that the Secretary also has a reasonable basis for disallowing the taxpayer's treatment of such item.