26 U.S.C. § 42
- Citation
- 26 U.S.C. § 42
- Parent Document
- 26 U.S.C. § 42
- Jurisdiction
- United States (federal)
- Original Source
- https://www.law.cornell.edu/uscode/text/26/42 ↗
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Full Text
295 charsthe applicable percentage which shall apply under subsection (a) for the taxable year to such excess shall be the percentage equal to ⅔ of the applicable percentage which (after the application of subsection (h)) would but for this paragraph apply to such basis. (B) 1st year computation applies