...corporation Is a less developed country corporation, and Inserted provisions requiring, In the case of a domestic corporation which owns at least 10 percent of the voting stock of a foreign corporation from which It receives dividends In a taxable year, to the extent such dividends are paid by such foreign...

...Revenue Act of 1962). (a) Domestic corporation owning stock of a foreign corporation. (1) In the case of a domestic corporation which owns at least 10 percent of the voting stock of a foreign corporation from which it receives dividends in any taxable year, the credit for foreign taxes includes the income,...

...foreign corporation— <a) Treatment of taxes paid by foreign corporation. For purposes of this subpart, a domestic corporation which owns at least 10 percent of the voting stock of a foreign corporation from which It receives dividends In any taxable year shall— (1) To the extent such dividends are...

...corporation after December 31. 1964, from a foreign corporation, the term "domestic shareholder" means a domestic corporation which owns at least 10 percent of the voting stock of the foreign corporation at the time it receives a dividend from such foreign corporation. (2) First-tier...

...corporation after December 31, 1964, from a foreign corporation, the term "domestic shareholder" means a domestic corporation which owns at least 10 percent of the voting stock of the foreign corporation at the time it receives a dividend from such foreign corporation. (2) First-tier...

...Revenue Act 0/1962). (a) Domestic corporation owning stock of a foreign corporation. ( 1 ) In the case of a domestic corporation which owns at least 10 percent of the voting stocfc of a foreign corporation from which it receives dividends in any taxable year, the credit for...

...CORPORATION. (a) TREATMENT OF TAXES PAID BY FOREIGN CORPORATION. — For purposes of this subpart, a domestic corporation which owns at least 10 percent of the voting stock of a foreign corporation from which it receives dividends in any taxable year shall — (1) to the extent such dividends are...

...imposed "in lieu of" income, war profits, or excess profits taxes. Where a domestic corporate taxpayer owns at least 10 percent of the voting stock of a foreign corporation, it isallowed credit for a proportionate part of any foreign income, war profits, or excess profits...

...imposed "in lieu of" income, war profits, or excess profits taxes. Where a domestic corporate taxpayer owns at least 10 percent of the voting stock of a foreign corporation, it is allowed credit for a proportionate part of any foreign income, war profits, or excess profits...

...going into foreign corporations. The Kevenue Code states that a United States corporation must own at least 10 percent of the voting stock of a foreign corporation if the United States corporation is to receive credit for its pro rata share of the foreign income...