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Meaning of PTEP | Babel Free

Noun CEFR B1
ˈpiːtɛp

Definitions

Acronym of previously taxed earnings and profits, within US taxation, those earnings and profits of a foreign corporation that are attributable to amounts included in the gross income of a US shareholder under Internal Revenue Code sections 951(a) or 1248(a).

abbreviation, acronym, alt-of

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
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