{
  "id": "EXC_RIC_TAX_EXEMPT_OWNERSHIP",
  "name": "RIC Excise Tax Exemption for Tax-Exempt Shareholders",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "profile",
  "eligibility": {
    "description": "Available to RICs where 100% of ownership is held by qualified pension trusts, insurance company variable accounts, or other specific tax-exempt entities.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "available",
    "retroactive_note": "Automatic — computed on return",
    "forward_status": "available"
  },
  "description": "Exempts a Regulated Investment Company (RIC) from the 4% excise tax on undistributed income if all shareholders are specific tax-exempt entities (e.g., 401(a) trusts or segregated asset accounts of life insurance companies).",
  "irc_reference": "IRC §4982(f)",
  "deadline": "",
  "savings_potential": "medium",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}