Updates requirements for the acquisition of ball and roller bearings from domestic sources, and clarifies
the applicability of these requirements to components of commercial items.
Though the NQDC provisions generally are effective for post-2004 deferrals, the new law clarifies
that the effective date of the Sec.
Finally, the proposal clarifies
that non-governmental entities under the jurisdiction of the Federal Drug Administration may share personal medical information for patient safety, effectiveness an quality purposes.
The legislation introduced by Senators Graham, Hatch, Jeffords, Torricelli and Kerry clarifies
that certain development costs that have been included in tax credit eligible basis under generally accepted industry practice will continue to be included in basis for the Low Income Housing Tax Credit.
The procedure also clarifies
that a consolidated group consists of the parent and any subsidiary that is a member of the group on the last day of the short period required to make the change in tax year.
government responsibilities for conducting reviews of contractor purchasing systems; updates a reference to a FAR clause on contracts for commercial items; and relocates to PGI, examples of weaknesses in a contractor's purchasing system that may indicate the need for a review.
html), that clarifies
the application of requirements regarding accounting for employers' contractually required contributions to cost-sharing pension and OPEB plans issued in Statement no.
Revenue Ruling 2004-109 clarifies
that employment taxes must be paid--and income taxes withheld--on bonuses paid for signing an employment contract.
Market Position in Light of Recent News Regarding Other Unrelated Banks with Same Name
The regulation clarifies
the documentation taxpayers have to maintain for an SSA and provides guidance on coordination of cost allocations under an SSA and cost allocations under a qualified cost-sharing arrangement.
Updates and clarifies
DFARS text on the acquisition of supplies and services from foreign sources.