ruling

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ruling

[′rül·iŋ]
(mathematics)
One of the positions of the straight line that generates a ruled surface.
References in periodicals archive ?
Use and Reliance of Private Letter Rulings by Other Taxpayers
According to the recent group of private letter rulings on Sec.
Prior to the issuance of this Revenue Procedure, the IRS declined to issue private letter rulings on these two issues, believing them to be inherently factual.
Private letter rulings are similarly used as a line-drawing instrument in the case of the tax-qualified status of employee pension plans.
The IRS's issuance of Private Letter Ruling 201245004 in 2012 appears to make it easier for taxpayers to satisfy the provision of a qualified disclaimer and thus make the generation-skipping feature of estate planning for IRA assets more easily attainable.
88) One of the functions of the IRS is to issue rulings in such matters often in the form of private letter rulings.
The IRS has started a review of the private letter rulings, which were issued by the IRS Office of the Associate Chief Counsel, Passthroughs & Special Industries.
See private letter rulings 9328040, 9442019 and 9503025; see also Treasury regulations section 25.
Of more concern is the IRS's policy, announced through private letter rulings, toward physician voting rights in the integrated delivery system context.
While generally binding upon the IRS, the private letter ruling is subject to certain caveats and there are certain limitations in relying upon private letter rulings.
The National Office of the IRS issues about 2,000 private letter rulings per year, and the process takes approximately two months.
The IRS position, as determined through private letter rulings and case law, is that you need demonstrable physical harm--cuts, bruises, broken bones--that were sustained in a physical battery.