### Question
What does 20-percent owner mean?


### Answer
**20-percent owner** has the following meaning in *26 U.S.C. § 264*:

> given such term by subsection (e)(4).

#### Citation:
  - *26 U.S.C. § 264*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IX-ITEMS NOT DEDUCTIBLE**

