qualified property or services
Defined in 1 place of the United States Code.
The term “qualified property or services” means any property (other than real property and other than personal property of a kind held for investment) or services which are offered for sale to customers in the ordinary course of the line of business of the employer in which the employee is peforming 1 services.
Source
- 1994–201826 U.S.C. § 132Internal Revenue Code · Certain fringe benefits · for purposes of this section
The term “qualified property or services” means any property (other than real property and other than personal property of a kind held for investment) or services which are offered for sale to customers in the ordinary course of the line of business of the employer in which the employee is performing services.
Source
- 2018–present26 U.S.C. § 132Internal Revenue Code · Certain fringe benefits · for purposes of this section