In addition, the Service noted that the SSCM is a method for allocating
indirect costs that qualify as MSC and does not apply to costs that are direct costs.
Business Layers' flagship product, eProvision Day One, enables a secured and systematic process for allocating
digital resources to employees, contractors and business partners, ensuring that these resources are allocated and de-allocated quickly and efficiently.
The regulations require allocating
a deduction to the class of gross income to which it is definitely related.
3) Thus, the proposed regulations strive to end more than 10 years of controversy -- and the related dedication of taxpayer and government resources -- over whether the 50/50 method or the IFP method constitutes the general rule for allocating
section 863(b) income.
Otherwise, a taxpayer may use "any reasonable method" of computing and allocating
the credit for tax years ending before May 24, 2005, although language contained in the preamble suggests that the gross QRE method might not be reasonable under some circumstances.
The period during which the donor is prohibited from allocating
GST exemption to the transferred property is called the "estate tax inclusion period" (ETIP).
T]he Secretary of the Treasury will permit taxpayers to adopt reasonable methods for allocating
expenses to lobbying (and related research and other background) activities in order to reduce taxpayer recordkeeping responsibilities.
Customers with accounts starting at $5,000 will experience the same, high-quality service as institutions allocating
trades of $50 million.
The trustee of a unitrust authorized under state law must be consistent in allocating
capital gain to the unitrust payment year to year.
Loans using the "principal only" method of allocating
shares to participants were subject to a 10-year maximum term under Treasury regulations section 54.
Each "substancial contributor" would then undertake to comply with the regulations, by allocating
its contributions to the private foundation on the same basis as the foundation's contributions to charitable donees are allocated.
NYSE:TRY) announced today a suggested formula for stockholders to use in allocating
their tax basis in Triarc Class A Common Stock (NYSE:TRY) to their Triarc Class A Common Stock and Triarc Class B Common Stock, Series 1 (NYSE:TRY.