second phase
Defined in 1 place of the United States Code.
For purposes of this subparagraph, the term “second phase” means the 15-year period immediately following the 20-year, 15-year, or 10-year period described in subparagraph (B), whichever applies, as modified by subparagraph (C).
Source
- 1994–present26 U.S.C. § 4943Internal Revenue Code · Taxes on excess business holdings · for purposes of this section