Qualified business activity definition

Qualified business activity means research, development, or manufacturing of an alternative energy marine propulsion system, an alternative energy system, an alternative energy vehicle, alternative energy technology, or renewable fuel.
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Qualified business activity means business activity in an enterprise zone established before 1994 of a qualified existing business attributable to a new facility or the business activity in an enterprise zone established before 1994 of a qualified new business.
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Qualified business activity means any of the following:
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Examples of Qualified business activity in a sentence

  • This summary should provide at a minimum, a short-term succession plan to be in effect in the case of unexpected loss of key senior officers until the Board has an opportunity to consider the situation and takeaction.

  • For this purpose, the replacement of an existing loan ar- rangement shall not be considered the refinancing of an existing indebtedness to the extent that the funds under such loan arrangement have not yet been disbursed to the qualified recipient.(iv) Qualified business activity.

  • These include exceptions for machinery spaces18, exceptions for electrical projects19, and exceptions for changes to mechanical or electrical systems20.

  • Qualified business activity means the following:• Extractive or agricultural activities• Savings and loan• Banking or financial businessUnitary corporations, partnerships, and LLCs must apply the more than 50% test to the business receipts of the entire group.


More Definitions of Qualified business activity

Qualified business activity means business activity in an enterprise zone of a qualified existing business attributable to a new facility or the business activity in an enterprise zone of a qualified new business.
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Qualified business activity means that term as defined in
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Qualified business activity means a business activity carried on primarily in an eligible sector.
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Qualified business activity means a business that is owned by an individual, partnership, limited liability company, S corporation or C corporation, the activity of which meets all of the following criteria:
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Related to Qualified business activity

  • Qualified business means an eligible business that:

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Related Business means any business that is related, ancillary or complementary to the businesses of the Company and the Restricted Subsidiaries on the Issue Date.

  • Qualified business facility means any building, complex of

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Permitted Business means any business in which the Company or its Restricted Subsidiaries are engaged on the date of this Indenture and any other business related, incidental, complementary or ancillary thereto, and any unrelated business to the extent that it is not material in size as compared with the Company and its Restricted Subsidiaries’ business as a whole.

  • Core Business means any material line of business conducted by the Borrower and its Subsidiaries as of the Closing Date and any business reasonably related or incidental thereto.

  • Retained Businesses means all businesses now, previously or hereafter conducted by Parent, the Sellers or any of their Subsidiaries or Affiliates, other than the Business.

  • Eligible business means a business located within the counties of Cook, DuPage, Kane, Lake, McHenry or Will in the State of Illinois (the “Six County Region”), and as to which: (1) a majority of the business' fleet is located and used within the Six County Region; and (2) a majority of those vehicles located and used within the Six County Region are alternatively powered vehicles.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.