qualified infrastructure property
Defined in 1 place of the United States Code.
For purposes of this subparagraph, the term “qualified infrastructure property” means qualified Indian reservation property (determined without regard to subparagraph (A)(ii)) which—
(I) benefits the tribal infrastructure,
(II) is available to the general public, and
(III) is placed in service in connection with the taxpayer’s active conduct of a trade or business within an Indian reservation.
Source
- 2013–present26 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section
For purposes of this subparagraph, the term "qualified infrastructure property" means qualified Indian reservation property (determined without regard to subparagraph (A)(ii)) which—
(I) benefits the tribal infrastructure,
(II) is available to the general public, and
(III) is placed in service in connection with the taxpayer's active conduct of a trade or business within an Indian reservation.
Such term includes, but is not limited to, roads, power lines, water systems, railroad spurs, and communications facilities.
Source
- 1994–202526 U.S.C. § 168Internal Revenue Code · Accelerated cost recovery system · under this section