qualified improvement property
Defined in 1 place of the United States Code.
The term "qualified improvement property" means any improvement made by the taxpayer to an interior portion of a building which is nonresidential real property if such improvement is placed in service after the date such building was first placed in service.
Source
- 2020–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section
The term “qualified improvement property” means any improvement to an interior portion of a building which is nonresidential real property if such improvement is placed in service after the date such building was first placed in service.
Source
- 2015–202026 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · for purposes of this section