Examples of Qualified interest in a sentence
Qualified interest expense is defined as the amount of net interest paid or accrued to a related member in a taxable year.
Except as provided in para- graphs (b)(2) and (c) of this section, the value of any interest retained by the transferor or an applicable family member is zero.(2) Qualified interest.
As part of the RFP process, responding institutions were asked to provide Non-Bank Qualified interest rates.
Qualified interest expense is the greater of the amount of interest paid or accrued from a related member up to 15% of the taxpayer’s adjusted taxable income as computed without a deduction for related party interest unless an exception applies, or the taxpayer’s proportional share of interest.
Qualified interest rate and equity contracts associated with investments in debt or equity securities are carried at market value, with gains and losses recorded to the associated investment account.