### Question
What is the definition of holding period percentage?


### Answer
The definition of **holding period percentage** is as follows in *26 U.S.C. § 143*:

> the percentage determined in accordance with the following table:


  


**If the disposition occurs** 
**during a year after the****The holding period**
**testing date which is:****percentage is:**
  The 1st such year20    
  The 2d such year40    
  The 3d such year60    
  The 4th such year80    
  The 5th such year100    
  The 6th such year80    
  The 7th such year60    
  The 8th such year40    
  The 9th such year20

#### Citation:
  - *26 U.S.C. § 143*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

