(redirected from qualify)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to qualify: amid

QUALIFIED. This term is frequently used in law. A man hag a qualified property in animals ferae naturae, while they remain in his power, but, as soon as they regain their liberty, his property in them is lost. A man has a qualified right to recover property of which he is not the owner, but which was unlawfully taken out of his possession. But this right may be defeated by the owner bring a suit or claiming the property. Vide Animals; Trover.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
We recommend that the plan be revised to provide that sensory taste research does qualify for the credit.
23, 1997)]--provide insight into how the courts qualify internal-use software for the research credit, based on statutory and regulatory requirements.
meets its basic design specifications related to function and performance level" would not qualify as R&E expenditures under section 174 unless they were made to cure a significant design defect, obtain significant cost reductions, or achieve significantly enhanced function or performance levels.(20) This approach was widely assailed as reflecting an unrealistic view of most manufacturing processes.(21) Although computer software development costs were generally subject to the same test as other research Costs,(22) the timeline approach was viewed as particularly unworkable for those costs because changes in basic design specifications often occur throughout the software development process as a result of almost continuous testing.
The estate argued that the decedent intended the interest to qualify for the marital deduction.
In our experience, this filing is often missed, and you will have to ferret out, by direct inquiry and possible analysis of financial data, the exact date on which the company stock ceased to qualify under IRC Sec.
TEI believes that all research activities up until the time the product is ready for commercial sale should qualify as R&E for purposes of section 174.
To qualify for either of these depreciation benefits, the improvements must be placed in service (1) after Oct.
In addition to defining the business interests that qualify as family-owned business interests, the new code section defines business interests that specifically do not qualify, including
A retirement or deferred compensation arrangement that does not qualify for an income tax deduction on employer contributions.
The regulations are clear: as long as there is one trust beneficiary that does not qualify, the trust itself will not qualify.
Poland will qualify if they take three points from their remaining two games - at home to Belgium and away to Serbia.