qualified lodging facility
Defined in 1 place of the United States Code.
The term “qualified lodging facility” means any lodging facility unless wagering activities are conducted at or in connection with such facility by any person who is engaged in the business of accepting wagers and who is legally authorized to engage in such business at or in connection with such facility.
Source
- 1999–present26 U.S.C. § 856Internal Revenue Code · Definition of real estate investment trust · in this section