reasonable needs of the business

Defined in 2 places of the United States Code.

For purposes of section 537, the term “reasonable needs of the business” includes assets which produce income eligible for the credit under subsection (a).

Source

1994–present 26 U.S.C. § 936Internal Revenue Code · Puerto Rico and possession tax credit · under this section

For purposes of this part, the term “reasonable needs of the business” includes—

(1) the reasonably anticipated needs of the business,

(2) the section 303 redemption needs of the business, and

(3) the excess business holdings redemption needs of the business.

Source

2013–present 26 U.S.C. § 537Internal Revenue Code · Reasonable needs of the business · for purposes of this part

For purposes of this part, the term "reasonable needs of the business" includes—

(1) the reasonably anticipated needs of the business,

(2) the section 303 redemption needs of the business, and

(3) the excess business holdings redemption needs of the business.

For purposes of subsection (a)—

(1) Section 303 redemption needs

Source

1994–2018 26 U.S.C. § 537Internal Revenue Code · Reasonable needs of the business · for purposes of this part