qualified domestic corporation
Defined in 1 place of the United States Code.
For purposes of paragraph (1), the term “qualified domestic corporation” means a domestic corporation—
(A) which is an existing credit claimant with respect to Puerto Rico, and
(B) with respect to which section 936(a)(4)(B) does not apply for the taxable year.
Source
- 1996–present26 U.S.C. § 30AInternal Revenue Code · Puerto Rico economic activity credit · in this section