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net capital gain

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 1 — in this section

For purposes of this subsection, the term “net capital gain” means net capital gain (determined without regard to this paragraph) increased by qualified dividend income.

26 U.S.C. § 1222 — for purposes of this subtitle

The term “net capital gain” means the excess of the net long-term capital gain for the taxable year over the net short-term capital loss for such year.

26 U.S.C. § 4982 — for purposes of this section

The term “net capital gain” has the meaning given such term by section 1222(11) (determined by treating the 1-year period ending on October 31 of the calendar year as the company's taxable year).

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