A qualified Indian entity is an entity performing fishing rights-related activity
that is wholly owned by one or more qualified Indian tribes, members of those tribes,
or their spouses. Substantially all of the management functions of the qualified Indian
entity must be performed by members of qualified Indian tribes. Additionally, if the
entity is engaged in substantial processing or transporting of fish, 90% or more of
the annual gross receipts of the entity must come from fishing rights-related activity
of one or more qualified Indian tribes, each of which must own at least 10% of the
equity interests in the entity.