Public-domain · open source

presumed markup percentage

Defined in 1 place of the United States Code.

For purposes of subparagraph (A), the term “presumed markup percentage” means the average markup percentage of retailers of articles of the type involved, as determined by the Secretary.

Source

1994–present 26 U.S.C. § 4052Internal Revenue Code · Definitions and special rules · under this subchapter