qualified activity
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 952 — under this section (6 versions over time)
For purposes of this paragraph, the term “qualified activity” means any activity giving rise to—
(I) foreign base company sales income,
(II) foreign base company services income,
(III) in the case of a qualified insurance company, insurance income or foreign personal holding company income, or
(IV) in the case of a qualified financial institution, foreign personal holding company income.