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 ?
If they are unable to find court cases that address the issue at hand, they may need to turn to private letter rulings or to IRS general counsel memoranda (GCMs), which are background documents the IRS uses to support a ruling.
As evidenced by two recently released private letter rulings (Letter Ruling No.
* According to private letter ruling 9705033, a small miscalculation can cost a taxpayer a lot of money.
The IRS has previously indicated, in private letter rulings and technical advice memoranda, that such a dispositive scheme results in loss of the marital deduction.
Thus, the parent company was a member of an affiliated group and lost its eligibility for S status (private letter ruling 9433008).
The revocation of a portion of a 1989 private letter ruling, however, may mean that the separate Sec.
In private letter ruling 9703026, an individual's IRA purchased a limited partnership interest in a nonpublicly traded partnership.
We are also concerned about the National Office's apparent decision to let the INDOPCO drama unfold through the private letter ruling and technical advice memorandum process rather than to issue published guidance in this area.
Caution dictates that a private letter ruling be obtained, however, to ensure that the IRS view does not change.
The transaction, which is expected to close sometime in 4Q19, is subject to approval by the company's stockholders, the receipt of an acceptable Private Letter Ruling from the Internal Revenue Service, and customary closing conditions.
The transaction, which is expected to close sometime in the fourth quarter, is subject to approval by the company's stockholders, the receipt of an acceptable Private Letter Ruling from the Internal Revenue Service, and customary closing conditions.
Summary of private letter ruling. The unidentified plan sponsor maintains a 401(k) plan, which provides an employer matching contribution equal to 5 percent of an eligible employee's compensation if the employee elects to defer at least 2 percent of his or her compensation to the plan on a pre-tax basis.