undistributed earnings
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 1294 — for purposes of this section
The term “undistributed earnings” means, with respect to any qualified electing fund, the excess (if any) of—
(A) the amount includible in gross income by reason of section 1293(a) for the taxable year, over
(B) the amount not includible in gross income by reason of section 1293(c) for such taxable year.
26 U.S.C. § 245A — for purposes of this section
The term "undistributed earnings" means the amount of the earnings and profits of the specified 10-percent owned foreign corporation (computed in accordance with sections 964(a) and 986)—
(A) as of the close of the taxable year of the specified 10-percent owned foreign corporation in which the dividend is distributed, and
(B) without diminution by reason of dividends distributed during such taxable year.