PTEP
English
Pronunciation
- (US) enPR: pē'tĕp, IPA(key): /ˈpiːtɛp/
Noun
PTEP
- (taxation) Acronym of previously taxed earnings and profits - within US taxation, those earnings and profits of a foreign corporation that are attributable to amounts included in the gross income of a US shareholder under Internal Revenue Code sections 951(a) or 1248(a)
References
- Notice 2019-01, accessed 9 June 2022