P.R. Laws tit. 13, § 254c
2019-02-20 00:00:00+00
In case of liquidation of a corporation or partnership which has received income exempted under this subchapter, the taxable profit in liquidation shall not include that portion of the accumulated surplus attributable to such exempt income, subject to the limitations of § 254b(c) of this title.
History —June 28, 1966, No. 126, p. 395, § 4.