dual consolidated loss
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1503 — for purposes of this section
Except as provided in subparagraph (B), the term “dual consolidated loss” means any net operating loss of a domestic corporation which is subject to an income tax of a foreign country on its income without regard to whether such income is from sources in or outside of such foreign country, or is subject to such a tax on a residence basis.