### Question
What is the definition of personal service corporation?


### Answer
The definition of **personal service corporation** is as follows 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**

