ruling

(redirected from Revenue Ruling)
Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.
Related to Revenue Ruling: Letter Rulings

ruling

[′rül·iŋ]
(mathematics)
One of the positions of the straight line that generates a ruled surface.
References in periodicals archive ?
Darwin Bayston, LISA's president, said in a statement accompanying the analysis that the reversing Revenue Ruling 2009-13 will help policyholders who no longer want their policies get more value when they drop their policies.
Revenue Ruling 71-381 addressed the classification of theft losses.
The IRS also issued two revenue rulings approving several scenarios involving use or disclosure of tax return information.
In addition, Revenue Ruling 2009-14 was issued to give life settlement buyers guidance on the tax treatment of the collection of the proceeds of the death benefit.
A unit of MetLife Inc., New York, issued a statement welcoming the revenue ruling and objecting to the idea of letting companies outside the insurance industry create a "stranger-owned pension plan" industry.
Seelig says that although [section]162(m) explicitly deals with the five highest-paid corporate employees (not including the CFO), the IRS revenue ruling will force companies to also look at severance and bonus packages for lower-ranking employees outside the top five.
There are several revenue rulings concerning the tax treatment of amounts received for cancellation of contract rights.
Third, the IRS should "scrub" the Cumulative Bulletin to remove all revenue rulings and other published guidance inconsistent with the final regulations or that no longer reflect the views of the IRS.
The new revenue procedure and revenue ruling do not apply to independent contractors.
Commentators have criticized the proposed revenue ruling, however, because it offers little in the way of guidance in all but the most obvious cases of recruitment violations.
While appeals officers, unlike revenue agents, are able to consider 'litigation risks' in their settlement negotiations, they too are more easily impressed with an IRS revenue ruling which makes clear that the IRS has already agreed to the favorable treatment of an issue.
Revenue Ruling 2009-30 addressed automatic increases in default automatic contribution amounts to qualified plans under section 401.