Qualified Joint Venture [Internal Revenue] Law and Legal Definition
According to 26 USCS § 761 [Title 26. Internal Revenue Code; Subtitle A. Income Taxes; Chapter 1. Normal Taxes and Surtaxes; Subchapter K. Partners and Partnerships; Part III. Definitions], qualified joint venture means “any joint venture involving the conduct of a trade or business if--
(A) the only members of such joint venture are a husband and wife,
(B) both spouses materially participate in such trade or business, and
(C) both spouses elect the application of this subsection.”
Legal Definition list
- Qualified Joint Venture [Internal Revenue]
- Qualified Joint and Survivor Annuity [Internal Revenue]
- Qualified Investments
- Qualified Intermediary
- Qualified Institutional Buyer [Securities]
- Qualified Loan
- Qualified Low-Income Community Investment [Tax]
- Qualified Mediator [Farm Service Agency]
- Qualified Medical Child Support Order QMCSO
- Qualified Medical Personnel
- Qualified Member [Federal Elections]
Related Legal Terms
- Accumulation plan [Internal Revenue]
- Actuarial Present Value [Internal Revenue]
- Adventure [Shipping]
- Adventure Capitalist
- Airport Revenue [Aeronautics and Space]
- All Substantial Rights to a Patent [Internal Revenue]
- Alternate Payee [Internal Revenue]
- Alternate Payee to Qualified Domestic Relations Order
- Approved Terminal or Refinery [Internal Revenue]
- Architectural and Transportation Barrier Removal Expenses [Internal Revenue]
