nongrantor trust
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “nongrantor trust” means the portion of any trust that the individual is not considered the owner of under subpart E of part I of subchapter J. The determination under the preceding sentence shall be made immediately before the expatriation date.
Source
- 2008–present26 U.S.C. § 877AInternal Revenue Code · Tax responsibilities of expatriation · for purposes of this subtitle