25.703-1  Definition.

FAC 2005-46 SEPTEMBER 29, 2010

Person-

(1)  Means-

(i)  A natural person;

(ii)  A corporation, business association, partnership, society, trust, financial institution, insurer, underwriter, guarantor, and any other business organization, any other nongovernmental entity, organization, or group, and any governmental entity operating as a business enterprise; and

(iii)  Any successor to any entity described in paragraph (1)(ii) of this definition; and

(2)  Does not include a government or governmental entity that is not operating as a business enterprise.