0:kiY0kiY008C04.xml 1 2 3 4 5 6 7 8 9 lO 11 12 13 14 15 16 17 18 19 20 21 22 23 24 101 acquired for all taxable years exceeds $300,000,000. "(ii) DISREGARD OF CERTAIN ASSETS SOLD THROUGH DIRECT PURCHASE .--If' the only sales of troubled assets by an em- ployer under the program described in clause (i) are through 1 or more direct purchases (within the meaning of section 113(e) of the Emergency Economic Sta- bilization Act of 2008), such assets shall not be taken into account under clause (i) in determining whether the employer is an applicable employer for purposes of this paragraph. "(iii) AGGREGATION RULES.--Two or more persons who are treated as a single employer under subsection (b) or (e) of section 414 shall be treated as a single em- ployer, except that in applying section 1563(a) for purposes of either such sub- section, paragraphs (2) and (3) thereof shall be disregarded. "(C) APPLICABLE TAXABLE YEAR. For purposes of this paragraph, the term 'applicable
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