qualified research consortium
Defined in 1 place of the United States Code.
The term “qualified research consortium” means any organization which—
(I) is described in section 501(c)(3) or 501(c)(6) and is exempt from tax under section 501(a),
(II) is organized and operated primarily to conduct scientific research, and
(III) is not a private foundation.
Source
- 1996–present26 U.S.C. § 41Internal Revenue Code · Credit for increasing research activities · for purposes of this section