### Question
How does NORMAL TAXES AND SURTAXES define stock?


### Answer
Under *26 U.S.C. § 304*, **stock** is defined as:

> stock referred to in paragraph (1)(B) or (2)(A) of subsection (a)

#### Citation:
  - *26 U.S.C. § 304*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter C-Corporate Distributions and Adjustments > PART I-DISTRIBUTIONS BY CORPORATIONS > Subpart A-Effects on Recipients**

