qualifying specified payment
Defined in 1 place of the United States Code.
Qualifying specified payment.—The term "qualifying specified payment" means a specified payment which is made pursuant to—
(I) a binding written contract in effect on the date of the enactment of this subparagraph, or
(II) a contract which is a renewal, under substantially similar terms, of a contract described in subclause (I).
Source
- 2006–202026 U.S.C. § 512Internal Revenue Code · Unrelated business taxable income · for purposes of this title
The term “qualifying specified payment” means a specified payment which is made pursuant to—
(I) a binding written contract in effect on the date of the enactment of this subparagraph, or
(II) a contract which is a renewal, under substantially similar terms, of a contract described in subclause (I).
Source
- 2013–present26 U.S.C. § 512Internal Revenue Code · Unrelated business taxable income · for purposes of this title