replacement period
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1042 — for purposes of this section
The term “replacement period” means the period which begins 3 months before the date on which the sale of qualified securities occurs and which ends 12 months after the date of such sale.
26 U.S.C. § 473 — for purposes of this section (3 versions over time)
The term "replacement period" means the shorter of—
(A) the period of the 3 taxable years following the liquidation year, or
(B) the period specified by the Secretary in a notice published in the Federal Register with respect to that qualified inventory interruption.
Any period specified by the Secretary under subparagraph (B) may be modified by the Secretary in a subsequent notice published in the Federal Register.