closely held business amount
Defined in 1 place of the United States Code.
For purposes of this section, the term “closely held business amount” means the value of the interest in a closely held business which qualifies under subsection (a)(1).
Source
- 1994–present26 U.S.C. § 6166Internal Revenue Code · Extension of time for payment of estate tax where estate consists largely of interest in closely held business · for purposes of this section