accelerated policyholder dividends deduction
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “accelerated policyholder dividends deduction” means the amount which (but for this subsection) would be determined for the taxable year under paragraph (1) of subsection (c) but which would have been determined (under such paragraph) for a later taxable year under the business practices of the taxpayer as in effect at the close of the preceding taxable year.
Source
- 1994–present26 U.S.C. § 808Internal Revenue Code · Policyholder dividends deduction · for purposes of this part