qualified C corporation
Defined in 1 place of the United States Code.
For purposes of subparagraph (A), the term “qualified C corporation” means any corporation described in subparagraph (B) of subsection (a)(1) which is not—
(i) a personal holding company (as defined in section 542(a)),
(ii) a foreign personal holding company (as defined in section 552(a)), or
(iii) a personal service corporation (as defined in section 269A(b) but determined by substituting “5 percent” for “10 percent” in section 269A(b)(2)).
Source
- 1994–200526 U.S.C. § 465Internal Revenue Code · Deductions limited to amount at risk · for purposes of this section
For purposes of subparagraph (A), the term “qualified C corporation” means any corporation described in subparagraph (B) of subsection (a)(1) which is not—
(i) a personal holding company (as defined in section 542(a)), or
(ii) a personal service corporation (as defined in section 269A(b) but determined by substituting “5 percent” for “10 percent” in section 269A(b)(2)).
Source
- 2005–present26 U.S.C. § 465Internal Revenue Code · Deductions limited to amount at risk · for purposes of this section