excess distribution taxes
Defined in 1 place of the United States Code.
The term “excess distribution taxes” means, with respect to any distribution, the portion of the creditable foreign taxes with respect to such distribution which is attributable (on a pro rata basis) to the portion of such distribution which is an excess distribution.
Source
- 1994–present26 U.S.C. § 1291Internal Revenue Code · Interest on tax deferral · for purposes of this section