26 U.S.C. § 1352 : US Code - Section 1352: Alternative tax on qualifying shipping activities

Search 26 U.S.C. § 1352 : US Code - Section 1352: Alternative tax on qualifying shipping activities

In the case of an electing corporation, the tax imposed by
section 11 shall be the amount equal to the sum of -
(1) the tax imposed by section 11 determined after the
application of this subchapter, and
(2) a tax equal to -
(A) the highest rate of tax specified in section 11,
multiplied by
(B) the notional shipping income for the taxable year.