taxable distribution
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 2612 — for purposes of this chapter
For purposes of this chapter, the term “taxable distribution” means any distribution from a trust to a skip person (other than a taxable termination or a direct skip).
26 U.S.C. § 4966 — for purposes of this section
The term “taxable distribution” means any distribution from a donor advised fund—
(A) to any natural person, or
(B) to any other person if—
(i) such distribution is for any purpose other than one specified in section 170(c)(2)(B), or
(ii) the sponsoring organization does not exercise expenditure responsibility with respect to such distribution in accordance with section 4945(h).