qualified temporary investment income
Defined in 1 place of the United States Code.
In general.—The term "qualified temporary investment income" means any income which—
(I) is attributable to stock or a debt instrument (within the meaning of section 1275(a)(1)),
(II) is attributable to the temporary investment of new capital, and
(III) is received or accrued during the 1-year period beginning on the date on which the real estate investment trust receives such capital.
Source
- 1994–202526 U.S.C. § 856Internal Revenue Code · Definition of real estate investment trust · for purposes of this part
The term “qualified temporary investment income” means any income which—
(I) is attributable to stock or a debt instrument (within the meaning of section 1275(a)(1)),
(II) is attributable to the temporary investment of new capital, and
(III) is received or accrued during the 1-year period beginning on the date on which the real estate investment trust receives such capital.
Source
- 2013–present26 U.S.C. § 856Internal Revenue Code · Definition of real estate investment trust · for purposes of this part