Qualified Pole Rental Law and Legal Definition
According to 26 USCS § 501 (Title 26, Internal Revenue Code; Subtitle A, Income Taxes; Chapter 1, Normal Taxes and surtaxes; Subchapter F, Exempt Organizations; Part I. General Rule), the term "qualified pole rental" means “any rental of a pole (or other structure used to support wires) if such pole (or other structure)--
(i) is used by the telephone or electric company to support one or more wires which are used by such company in providing telephone or electric services to its members, and
(ii) is used pursuant to the rental to support one or more wires (in addition to the wires described in clause (i)) for use in connection with the transmission by wire of electricity or of telephone or other communications.
For purposes of the preceding sentence, the term "rental" includes any sale of the right to use the pole (or other structure).”
Legal Definition list
- Qualified Physical Therapist
- Qualified Personal Residence Trust (QPRT)
- Qualified Person to Withdraw Blood
- Qualified Parking
- Qualified Pandemic or Epidemic Product
- Qualified Pole Rental
- Qualified Possession Source Investment Income
- Qualified Possession Wages
- Qualified Preretirement Survivor Annuity [Internal Revenue]
- Qualified Privilege
- Qualified Production
Related Legal Terms
- Adequate Parental Care
- Alternate Payee to Qualified Domestic Relations Order
- Brady Disqualified
- Breach Of Rental Agreement
- Breach of Warranty Breach of Rental Agreement
- Catchpole
- Civil Causes of Action - Breach of Rental Agreement
- Computer Software Rental Amendments Act of 1990
- Death-qualified Jury
- Disqualified [Education]
