former DISC
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 992 — for purposes of this title
For purposes of this title, the term “former DISC” means, with respect to any taxable year, a corporation which is not a DISC for such year but was a DISC in a preceding taxable year and at the beginning of the taxable year has undistributed previously taxed income or accumulated DISC income.