specified gain
Defined in 1 place of the United States Code.
The term “specified gain” means ordinary gain from the sale, exchange, or other disposition of property (including the termination of a position with respect to such property). Such term shall include any foreign currency gain attributable to a section 988 transaction (within the meaning of section 988) and any amount includible in gross income under section 1296(a)(1).
Source
- 2010–present26 U.S.C. § 4982Internal Revenue Code · Excise tax on undistributed income of regulated investment companies · for purposes of this section