Qualified Subsidiary (Internal Revenue Code) 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 subsidiary" means “any corporation if, at all times during the period such corporation was in existence, 100 percent of the stock of such corporation is held by the corporation or trust described in subparagraph (A).” (26 USCS § 501)
Legal Definition list
- Qualified Subsidiary (Internal Revenue Code)
- Qualified Student Loan Bond
- Qualified Stated Interest
- Qualified State Soybean Board
- Qualified State Sheep Board
- Qualified Terminal Interest Property Trust
- Qualified Timber Property [Internal Revenue]
- Qualified Transportation Fringe
- Qualified Tuition and Related Expenses
- Qualified Vessel [Internal Revenue]
- Qualified Veterans’ Mortgage Bond
Related Legal Terms
- Accumulation plan [Internal Revenue]
- Actuarial Present Value [Internal Revenue]
- Airport Revenue [Aeronautics and Space]
- All Substantial Rights to a Patent [Internal Revenue]
- Alternate Payee [Internal Revenue]
- Alternate Payee to Qualified Domestic Relations Order
- Amalphitan Code
- American Standard Code for Information Interchange
- Approved Terminal or Refinery [Internal Revenue]
- Arbitrators Code of Ethics
