deferred net tax liability
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term "deferred net tax liability" means, with respect to any taxable year, the amount of net tax liability payment of which has been deferred under paragraph (1) and which has not been assessed on a return of tax for any prior taxable year.
Source
- 2017–present26 U.S.C. § 965Internal Revenue Code · Temporary dividends received deduction · under this section