specified 10-percent owned foreign corporation
Defined in 1 place of the United States Code.
The term "specified 10-percent owned foreign corporation" means any foreign corporation with respect to which any domestic corporation is a United States shareholder with respect to such corporation.
Source
- 2017–present26 U.S.C. § 245AInternal Revenue Code · Deduction for foreign source-portion of dividends received by domestic corporations from specified 10-percent owned foreign corporations · for purposes of this section