### Question
How does Election To Determine Corporate Tax on Certain International Shipping Activities Using Per Ton Rate define electing corporation?


### Answer
Under *26 U.S.C. § 1355*, **electing corporation** is defined as:

> any corporation for which an election is in effect under this subchapter

#### Citation:
  - *26 U.S.C. § 1355*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter R-Election To Determine Corporate Tax on Certain International Shipping Activities Using Per Ton Rate**

