46 U.S.C. § 53304 Vessel Ownership

• Library: United States Statutes
• Edition: 2023 Edition
• Currency: Current through P.L. 118-19 (published on www.congress.gov on 10/06/2023)

In this chapter, a vessel is deemed to be constructed or acquired by a taxpayer if constructed or acquired by a corporation when the taxpayer owns at least 95 percent of each class of stock of the corporation.

Cite as 46 U.S.C. § 53304

Source: Pub. L. 109-304, §8(c), Oct. 6, 2006, 120 Stat. 1588.

current through 7/7/2023