..... M is that portion of the IRS regulations dealing with the conduit theory, in which investment companies and real estate investment trusts avoid double taxation by passing interest and dividend income and capital gains directly through, without taxation, to shareholders, who are taxed as individuals.

English as a Second Language English Vocabulary, Grammar and Idioms
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..... M is that portion of the IRS regulations dealing with the conduit theory, in which investment companies and real estate investment trusts avoid double taxation by passing interest and dividend income and capital gains directly through, without taxation, to shareholders, who are taxed as individuals. (*) Chapter (*) Section (*) Subchapter (*) Subsection

This is a companion discussion topic for the original entry at https://english.best/questions/11080,___-m-is-that-portion-of-the-irs-regulations-dealing-with-the-conduit-theory-in-which-investment-companies-and-real-estate-investment-trusts-avoid-double-taxation-by-passing-interest-and-dividend-income-and-capital-gains-directly-through-without-taxation-to-shareholders-who-are-taxed-as-individuals/
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Subchapter M is that portion of the IRS regulations dealing with the conduit theory, in which investment companies and real estate investment trusts avoid double taxation by passing interest and dividend income and capital gains directly through, without taxation, to shareholders, who are taxed as individuals.

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Yes, subchapter M is correct.

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