group credit item
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1503 — for purposes of this section
The term “group credit item” means any credit allowable under part IV of subchapter A of chapter 1 (other than section 34) to any other member of the affiliated group which includes the subsidiary and any carryover or carryback of any such credit.