disqualification year
Defined in 1 place of the United States Code.
The term “disqualification year” means, with respect to any bank, the 1st taxable year beginning after December 31, 1986, for which such bank was a large bank if such bank maintained a reserve for bad debts for the preceding taxable year.
Source
- 1994–present26 U.S.C. § 585Internal Revenue Code · Reserves for losses on loans of banks · under this section