qualified business use
Defined in 1 place of the United States Code.
Except as provided in subparagraph (C), the term “qualified business use” means any use in a trade or business of the taxpayer.
Source
- 1994–present26 U.S.C. § 280FInternal Revenue Code · Limitation on depreciation for luxury automobiles; limitation where certain property used for personal purposes · for purposes of this section