disqualified investment corporation
Defined in 1 place of the United States Code.
The term “disqualified investment corporation” means any distributing or controlled corporation if the fair market value of the investment assets of the corporation is—
(i) in the case of distributions after the end of the 1-year period beginning on the date of the enactment of this subsection, 2/3 or more of the fair market value of all assets of the corporation, and
(ii) in the case of distributions during such 1-year period, 3/4 or more of the fair market value of all assets of the corporation.
Source
- 2006–201126 U.S.C. § 355Internal Revenue Code · Distribution of stock and securities of a controlled corporation · for purposes of this section
The term “disqualified investment corporation” means any distributing or controlled corporation if the fair market value of the investment assets of the corporation is—
(i) in the case of distributions after the end of the 1-year period beginning on the date of the enactment of this subsection, 2/3 or more of the fair market value of all assets of the corporation, and
(ii) in the case of distributions during such 1-year period, ¾ or more of the fair market value of all assets of the corporation.
Source
- 2011–201226 U.S.C. § 355Internal Revenue Code · Distribution of stock and securities of a controlled corporation · for purposes of this section
The term "disqualified investment corporation" means any distributing or controlled corporation if the fair market value of the investment assets of the corporation is—
(i) in the case of distributions after the end of the 1-year period beginning on the date of the enactment of this subsection, 2/3 or more of the fair market value of all assets of the corporation, and
(ii) in the case of distributions during such 1-year period, ¾ or more of the fair market value of all assets of the corporation.
Source
- 2012–present26 U.S.C. § 355Internal Revenue Code · Distribution of stock and securities of a controlled corporation · for purposes of this section
The term “disqualified investment corporation” means any distributing or controlled corporation if the fair market value of the investment assets of the corporation is—
(i) in the case of distributions after the end of the 1-year period beginning on the date of the enactment of this subsection, ⅔ or more of the fair market value of all assets of the corporation, and
(ii) in the case of distributions during such 1-year period, ¾ or more of the fair market value of all assets of the corporation.
Source
- 2013–201826 U.S.C. § 355Internal Revenue Code · Distribution of stock and securities of a controlled corporation · for purposes of this section