### Question
How does NORMAL TAXES AND SURTAXES define Settlement Common Stock?


### Answer
Under *26 U.S.C. § 646*, **Settlement Common Stock** is defined as:

> given such term by section 3(p) of the Alaska Native Claims Settlement Act (43 U.S.C. 1602(p)).

#### Citation:
  - *26 U.S.C. § 646*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter J-Estates, Trusts, Beneficiaries, and Decedents > PART I-ESTATES, TRUSTS, AND BENEFICIARIES > Subpart A-General Rules for Taxation of Estates and Trusts**

