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 ?
9100, the taxpayer may be compelled to submit a request for a private letter ruling in order to get relief from the IRS.
115(1), whether or not the entity seeks a private letter ruling.
Also, the company said it has begun evaluating the purchase of just Remington's project management business as this does not require a private letter ruling.
Thus, tax authorities use four different line-drawing instruments: rulemaking, adjudication, private letter ruling, and licensing.
Citing Revenue Ruling 2005-36, the taxpayer was also given a similar "qualified disclaimer" in Private Letter Ruling 201245004 (November 9,2012)--overlooking the fact that in the 2012 case, the spousal beneficiary collected more than the RMD.
A taxpayer contemplating a complex transaction with uncertain effects on tax liability can request a Private Letter Ruling from the IRS.
The issuance of the tax -exempt bonds for both projects is contingent on the receipt from the Internal Revenue Service of a favorable private letter ruling.
Yet, in Private Letter Ruling 200121031, the IRS addressed damages for a disease, finding a recovery against an asbestos manufacturer to be excludable, even though there was no physical contact with the plaintiff.
TEI understands that the IRS may be considering issuing a technical advice memorandum or private letter ruling addressing the tax consequences that flow from cross-license agreements (CLAs).