non-owner employee
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 465 — for purposes of this section
The term “non-owner employee” means any employee who does not own, at any time during the taxable year, more than 5 percent in value of the outstanding stock of the taxpayer. For purposes of the preceding sentence, section 318 shall apply, except that “5 percent” shall be substituted for “50 percent” in section 318(a)(2)(C).