ruling

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Related to Private Ruling: Private Letter Rulings

ruling

[′rül·iŋ]
(mathematics)
One of the positions of the straight line that generates a ruled surface.
References in periodicals archive ?
It has been argued that the private ruling system developed into a body of law known only to a few members of the tax profession.
In a private ruling, it was held that such a provision is not a substantial restriction on the trustee's discretion.
The preamble to the Proposed Regulations provides that the rules were issued in response to the increased number of private ruling requests involving application of section 7704(d)(1)(E), as opposed to a change in policy or other concerns regarding these entities.
In the fourth private ruling, the decedent owned two IRAs, both payable to a trust.
There has even been a private ruling allowing a combination of new construction, renovation and commercial space to qualify for three different targeted incentive programs.
Such a dealer is not eligible to identify its NPCs and derivatives as held for investment, unless the commissioner explicitly determines otherwise, for example, through a revenue ruling or private ruling.
In a recent private ruling, the IRS clarified that an entity may be subject to one adverse definition but not the other (TAM 9324001).
Internal Revenue Service where he was responsible for issuing and reviewing private ruling letters and revenue rulings.
In a private ruling that will affect CPAs in public practice as well as their clients, the IRS acknowledged a partner in a professional firm could deduct auto, travel and meal expenses on form 1040 if the partnership policy requires the expenses to be incurred personally without reimbursement (technical advice memorandum 9316003).
The approvals follow upon an understanding between Alcoa and the Federal Anti-Monopoly Service (FAS) resulting in an FAS private ruling on behavioral conditions to ensure that Alcoa complies with various legal requirements and notification obligations.
355/D reorganization transaction based on the relative FMVs of the distributing and controlled corporations is a standard representation that the Service requires in private ruling requests.

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