QLICI definition

QLICI means a “qualified low-income community investment” as such term is defined in Section 45D of the Code and the Treasury Regulations.

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QLICI means a “qualified low income community investment” as such term is defined in Section 45D(d)(1) of the Code and the Treasury Regulations and Guidance.

QLICI means a “qualified low-income community investment” as such term is defined in Section 45D of the Code and the Treasury Regulations. “Qualified Business” means a qualified business as such term is defined in Treasury Regulation Section 1.45D-1(d)(5).

Examples of QLICI in a sentence

The requirement of this Section 3.2(d) does not apply if an Allocatee becomes related to a business due to financial difficulties of the business that were unforeseen at the time the Allocatee made a QLICI in the business.
The Internal Revenue Service may use such reports to, among other things, aid in its determination of whether: (i) a Qualified Equity Investment issued by the Allocatee is subject to a recapture event as defined in IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2); (ii) a QLICI made by an Allocatee meets the requirements of IRC § 45D and 26 C.F.R Part 1.45D-1; and (iii) an Allocatee continues otherwise to meet the requirements of IRC § 45D and 26 C.F.R. Part 1.45D-1.
The Internal Revenue Service may use such reports to, among other things, aid in its determination of whether: (i) a Qualified Equity Investment issued by the Allocatee is subject to a recapture event as defined in IRC § 45D(g) and 26 C.F.R. 1.45D-1(e)(2); (ii) a QLICI made by an Allocatee meets the requirements of IRC § 45D and 26 C.F.R 1.45D-1; and (iii) an Allocatee continues otherwise to meet the requirements of IRC § 45D and 26 C.F.R.
The Internal Revenue Service may use such reports to, among other things, aid in its determination of whether: (i) a Qualified Equity Investment issued by the Allocatee is subject to a recapture event as defined in IRC § 45D(g) and 26 C.F.R. Part 1.45D-1(e)(2); (ii) a QLICI made by an Allocatee meets the requirements of IRC § 45D and 26 C.F.R Part 1.45D-1; and (iii) an Allocatee continues otherwise to meet the requirements of IRC § 45D and 26 C.F.R. Part 1.
Thereafter, if the School seeks modifications to the student disciplinary code, it will be required to notify the Commission of such change.

More Definitions of QLICI

QLICI means a qualified low-income community investment.

QLICI shall have the same meaning as set forth in IRC Section 45D(d) and 26 C.F.R. 1.45D-1T(d).

QLICI have the meaning set forth in Section 45D of the Code and the Treasury Regulations and Guidance, and the KY NMTC Act, and include any of the following:

QLICI means any equity investment in or loan to a “qualified active low-income community business” as such term is defined in Section 45D of the Code that satisfies the criteria for being a “qualified low-income community investment” as such term is defined for purposes of Section 45D of the Code and the Treasury Regulations thereunder.

QLICI means Qualified Low Income Community Investment

QLICI means a Qualified Low Income Community Investment as defined in the NMTC Law.

QLICI. Has the meaning given to such term in the Recitals to this Agreement.