revised issue price
Defined in 1 place of the United States Code.
The term “revised issue price” means the sum of—
(A) the issue price of the bond, and
(B) the aggregate amount of the original issue discount includible in the gross income of all holders for periods before the acquisition of the bond by the taxpayer (determined without regard to section 1272(a)(7) or (b)(4)) or, in the case of a tax-exempt obligation, the aggregate amount of the original issue discount which accrued in the manner provided by section 1272(a) (determined without regard to paragraph (7) thereof) during periods before the acquisition of the bond by the taxpayer.
Source
- 1994–201826 U.S.C. § 1278Internal Revenue Code · Definitions and special rules · for purposes of this part
The term “revised issue price” means the sum of—
(A) the issue price of the bond, and
(B) the aggregate amount of the original issue discount includible in the gross income of all holders for periods before the acquisition of the bond by the taxpayer (determined without regard to section 1272(a)(7)) or, in the case of a tax-exempt obligation, the aggregate amount of the original issue discount which accrued in the manner provided by section 1272(a) (determined without regard to paragraph (7) thereof) during periods before the acquisition of the bond by the taxpayer.
Source
- 2018–present26 U.S.C. § 1278Internal Revenue Code · Definitions and special rules · for purposes of this part