Owner | Dec. 31, 1954- Apr. 1, 1957 (Percent) | Apr. 2, 1957-Oct. 1, 1959 (Percent) | Oct. 2, 1959-Dec. 31, 1964 (Percent) |
A | 20 | 20 | 20 |
B | 9 | 30 | 30 |
C | 30 | 15 | 9 |
Domestic corporation N does not meet the requirement of this paragraph with respect to the stock of controlled foreign corporation X for the following reasons:
26 C.F.R. §1.1248-5