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15.5 percent rate equivalent percentage

Defined in 1 place of the United States Code.

The term "15.5 percent rate equivalent percentage" means, with respect to any United States shareholder for any taxable year, the percentage determined under subparagraph (A) applied by substituting "15.5 percent rate of tax" for "8 percent rate of tax".

Source

2017–present 26 U.S.C. § 965Internal Revenue Code · Temporary dividends received deduction · in this section