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nonallocable receipts

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 6053 — in this section

For purposes of this subsection, the term “nonallocable receipts” means receipts which are allocable to—

(A) carryout sales, or

(B) services with respect to which a service charge of 10 percent or more is added.