### Question
What does personal service corporation mean?


### Answer
**Personal service corporation** has the following meaning in *26 U.S.C. § 441*:

> given such term by section 269A(b)(1), except that section 269A(b)(2) shall be applied—


(A) by substituting "any" for "more than 10 percent", and


(B) by substituting "any" for "50 percent or more in value" in section 318(a)(2)(C).

#### Citation:
  - *26 U.S.C. § 441*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART I-ACCOUNTING PERIODS**

