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tested loss

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 951A — for purposes of this section

The term "tested loss" means, with respect to any controlled foreign corporation for any taxable year of such controlled foreign corporation, the excess (if any) of the amount described in subparagraph (A)(ii) over the amount described in subparagraph (A)(i).