Qualified interest Sample Clauses
A "Qualified Interest" clause defines the specific types of interest payments or rights that meet certain criteria under a contract or legal framework. Typically, this clause outlines the conditions under which interest payments are considered "qualified," such as being paid to a particular type of entity, meeting tax law requirements, or adhering to regulatory standards. For example, it may specify that only interest paid to unrelated parties or on certain types of debt instruments qualifies for favorable tax treatment. The core function of this clause is to ensure that only interest payments meeting predefined standards receive specific legal or tax benefits, thereby providing clarity and reducing the risk of disputes or unintended tax consequences.
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Qualified interest. Qualified inter- est means a qualified annuity interest, a qualified unitrust interest, or a quali- fied remainder interest. If a transferor retains a power to revoke a qualified annuity interest or qualified unitrust interest of the transferor’s spouse, then the revocable qualified annuity or unitrust interest of the transferor’s spouse is treated as a retained qualified interest of the transferor. In order for the transferor to be treated as having retained a qualified interest under the preceding sentence, the interest of the transferor’s spouse (the successor hold- er) must be an interest that meets the requirements of a qualified annuity in- terest in accordance with § 25.2702–3(b) and (d), or a qualified unitrust interest in accordance with § 25.2702–3(c) and (d), but for the transferor’s retained power to revoke the interest.
Qualified interest. Valuation of a term interest in certain tangible property.
Qualified interest. The value of a qualified annuity interest and a quali- fied remainder interest following a qualified annuity interest are deter- mined under section 7520. The value of a qualified unitrust interest and a qualified remainder interest following a qualified unitrust interest are deter- mined as if they were interests de- scribed in section 664.
Qualified interest. Qualified inter- est means a qualified annuity interest, a qualified unitrust interest, or a quali- fied remainder interest. If a transferor retains a power to revoke a qualified annuity interest or qualified unitrust interest of the transferor’s spouse, then the revocable qualified annuity or unitrust interest of the transferor’s spouse is treated as a retained qualified interest of the transferor. In order for