S termination year
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “S termination year” means any taxable year of a corporation (determined without regard to this subsection) in which a termination of an election made under subsection (a) takes effect (other than on the 1st day thereof).
Source
- 1994–present26 U.S.C. § 1362Internal Revenue Code · Election; revocation; termination · for purposes of this title