Qualified interest Sample Clauses

Qualified interest. (c) Valuation of a term interest in certain tangible property.
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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
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.

Related to Qualified interest

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