1. Regulations
  2. title 48
  3. chapter 2
  4. part 270
  5. subpart 270.1
  6. § 270.101

View all text of Subpart 270.1 [270.100 - 270.105]

270.101 - 270.101 Definition.

As used in this subpart, qualified business means an S corporation as defined in 26 U.S.C. 1361(a)(1) for which 100 percent of the outstanding stock is held through an employee stock ownership plan as defined in 26 U.S.C. 4975(e)(7).

AUTHORITY: 41 U.S.C. 1303 and 48 CFR chapter 1.

SOURCE: 89 FR 82187, Oct. 10, 2024, unless otherwise noted.

CITE AS: 48 CFR 270.101