electing farming business
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 163 — under this chapter (7 versions over time)
For purposes of this paragraph, the term “electing farming business” means—
(i) a farming business (as defined in section 263A(e)(4)) which makes an election under this subparagraph, or
(ii) any trade or business of a specified agricultural or horticultural cooperative (as defined in section 199A(g)(2)) 1 with respect to which the cooperative makes an election under this subparagraph.