10-percent corporate shareholder
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “10-percent corporate shareholder” means any domestic corporation which, as of the day before the exchange referred to in paragraph (1), satisfies the stock ownership requirements of subsection (a)(2) with respect to the foreign corporation.
Source
- 1994–present26 U.S.C. § 1248Internal Revenue Code · Gain from certain sales or exchanges of stock in certain foreign corporations · for purposes of this section