qualified plan award
Defined in 1 place of the United States Code.
The term “qualified plan award” means an employee achievement award awarded as part of an established written plan or program of the taxpayer which does not discriminate in favor of highly compensated employees (within the meaning of section 414(q)) as to eligibility or benefits.
Source
- 1994–present26 U.S.C. § 274Internal Revenue Code · Disallowance of certain entertainment, etc., expenses · for purposes of this chapter