original issue discount obligation
Defined in 1 place of the United States Code.
Except as provided in subparagraph (B), the term “original issue discount obligation” means any bond or other evidence of indebtedness having original issue discount (within the meaning of section 1273).
Source
- 1994–present26 U.S.C. § 871Internal Revenue Code · Tax on nonresident alien individuals · for purposes of this section