equity base
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 809 — in this section
The term “equity base” means an amount determined in the manner prescribed by regulations equal to—
(A) the surplus and capital,
(B) adjusted as provided in paragraphs (3), (4), (5), and (6) of this subsection.
No item shall be taken into account more than once in determining equity base.