active business computer software royalties
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 543 — for purposes of this section
For purposes of this section, the term “active business computer software royalties” means any royalties—
(A) received by any corporation during the taxable year in connection with the licensing of computer software, and
(B) with respect to which the requirements of paragraphs (2), (3), (4), and (5) are met.