Qualified Personal Service Corporations Clarification Act of 2000

[AI summary unavailable — showing source text] Qualified Personal Service Corporations Clarification Act of 2000 - Amends the Internal Revenue Code to modify the criteria for determining whether a corporation is a qualified personal service corporation. Includes within the definition of qualified personal service corporation a qualifying corporation substantially all of whose stock is held by certain former employees. (Thus permitting such corporation to use the cash method of accounting.)…