acquisition discount
Defined in 2 places of the United States Code.
For purposes of this paragraph, the term “acquisition discount” means the excess of the stated redemption price at maturity over the taxpayer's basis for the obligation.
Source
- 1994–present26 U.S.C. § 1271Internal Revenue Code · Treatment of amounts received on retirement or sale or exchange of debt instruments · for purposes of this title
The term “acquisition discount” means the excess of—
(A) the stated redemption price at maturity (as defined in section 1273), over
(B) the taxpayer’s basis for the obligation.
Source
- 201326 U.S.C. § 1283Internal Revenue Code · Definitions and special rules · for purposes of this subpart
The term "acquisition discount" means the excess of—
(A) the stated redemption price at maturity (as defined in section 1273), over
(B) the taxpayer's basis for the obligation.
For purposes of this subpart—
Source
- 1994–present26 U.S.C. § 1283Internal Revenue Code · Definitions and special rules · for purposes of this subpart