### Question
What does qualified domestic corporation mean?


### Answer
**Qualified domestic corporation** has the following meaning in *26 U.S.C. § 30A*:

> a domestic corporation—


(A) which is an existing credit claimant with respect to Puerto Rico, and


(B) with respect to which section 936(a)(4)(B) does not apply for the taxable year

#### Citation:
  - *26 U.S.C. § 30A*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart B-Other Credits**

