### Question
Can you define what substantial beneficial interest means?


### Answer
**Substantial beneficial interest** is defined as the following in *26 U.S.C. § 6109*:

> not less than 5 percent of all beneficial interest in the policyholder

#### Citation:
  - *26 U.S.C. § 6109*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 61-INFORMATION AND RETURNS > Subchapter B-Miscellaneous Provisions**

