Extract to table

The qualifying cost-sharing arrangement must satisfy the administrative, substantive, and documentation requirements of § 1

Each controlled participant must satisfy several requirements to be recognized as a bona fide participant in the QCSA

This commitment must be reflected in the CSA agreement and implemented through actual cost-sharing payments

Each participant must have a reasonable expectation of deriving economic benefits from the intangibles being developed through the IDA

Each participant must exercise substantive control over the resources, capabilities, and rights that it contributes to the IDA

However, the regulations do not require that each controlled participant perform identical functions; rather, each participant must exercise control over the resources and capabilities that it provides