qualified intellectual property contribution
Defined in 1 place of the United States Code.
Ending on or After Date of Contribution:ApplicablePercentage: 1st 100 2nd 100 3rd 90 4th 80 5th 70 6th 60 7th 50 8th 40 9th 30 10th 20 11th 10 12th 10. (8) Qualified intellectual property contribution For purposes of this subsection, the term “qualified intellectual property contribution” means any charitable contribution of qualified intellectual property—
(A) the amount of which taken into account under this section is reduced by reason of subsection (e)(1), and
(B) with respect to which the donor informs the donee at the time of such contribution that the donor intends to treat such contribution as a qualified intellectual property contribution for purposes of this subsection and section 6050L.
Source
- 2005–201126 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this section
For purposes of this subsection, the term “qualified intellectual property contribution” means any charitable contribution of qualified intellectual property—
(A) the amount of which taken into account under this section is reduced by reason of subsection (e)(1), and
(B) with respect to which the donor informs the donee at the time of such contribution that the donor intends to treat such contribution as a qualified intellectual property contribution for purposes of this subsection and section 6050L.
Source
- 2011–present26 U.S.C. § 170Internal Revenue Code · Charitable, etc., contributions and gifts · under this section