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testing date

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 143 — for purposes of this section

The term “testing date” means the earliest date on which all of the following requirements are met:

(i) The indebtedness is federally-subsidized indebtedness.

(ii) The taxpayer is liable in whole or part for payment of the indebtedness.