### Question
What is the definition of portfolio indebtedness?


### Answer
The definition of **portfolio indebtedness** is as follows in *26 U.S.C. § 246A*:

> any indebtedness directly attributable to investment in the portfolio stock

#### Citation:
  - *26 U.S.C. § 246A*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VIII-SPECIAL DEDUCTIONS FOR CORPORATIONS**

