### Question
How does NORMAL TAXES AND SURTAXES define 50-percent or greater interest?


### Answer
Under *26 U.S.C. § 355*, **50-percent or greater interest** is defined as:

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

#### Citation:
  - *26 U.S.C. § 355*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter C-Corporate Distributions and Adjustments > PART III-CORPORATE ORGANIZATIONS AND REORGANIZATIONS > Subpart B-Effects on Shareholders and Security Holders**

