possession income
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “possession income” means, with respect to any possession, the income referred to in subsection (a)(1)(A) determined with respect to that possession. In no event shall possession income be treated as being less than zero.
Source
- 1996–present26 U.S.C. § 936Internal Revenue Code · Puerto Rico and possession tax credit · under this section