SCIDS


Also found in: Acronyms.

SCIDS

[skidz or ¦es¦sē¦ī¦dē′es]
References in periodicals archive ?
In contrast, the interest component of payments made under an SCIDSS are fully deductible by the successor.
The decision of whether to us a PASS or an SCIDSS cannot take place in the vacuum of the Code sections, regulations, rulings and court decisions relating specifically to those topics.
26) Careful study of the proposed duration of a PASS or an SCIDSS is warranted in order to determine if the duration creates a continued equity interest in the corporation as opposed to an interest as a creditor.
If an SCIDSS is used in a stock redemption, the "risk premium" should be reflected in an increased interest rate.
A direct purchase of stock by the successor using a PASS or an SCIDSS provides the following benefits compared to a redemption.
Therefore, the duration of the PASS or the SCIDSS is not potentially limited as in the case of the redemption.