antitrust's recovery rules create a
whipsaw effect to settle.
He shows how in textiles, construction, and printing, multi-employer bargaining is the rule in most countries, where indeed, as others have argued, the competitive, labor-intensive, and small-scale nature of enterprises makes centralization attractive for taking wages out of competition and countering the
whipsaw tactic.
As was the case in West, the plaintiffs brought suit against AK Steel, seeking
whipsaw calculation of benefits for all plan participants who were excluded in the West case.
Therefore, to the extent the losses on an unidentified hedge are treated as capital under general tax principles, the taxpayer could have capital loss and ordinary gains, potentially resulting in a character
whipsaw. Consequently, failure to identify a hedge for tax purposes may change the character of the gain or loss when the hedge is terminated early.
stocks fell for an eighth straight day Friday in a
whipsaw session that sent the Dow Jones Industrial Average to its biggest point swing ever.
But along with the welcome liquidity that capital market access brings and the deepening of the investor base comes the
whipsaw effect from here-again/gone-again capital.
In either case, the IRS's current basic "netting" practice may ameliorate the interest-rate
whipsaw. If the taxpayer is unsuccessful in joining separate examination cycles, however, it will incur a substantial, and undeserved, interest penalty.(12) Numerous other examples may be constructed where, as a result of the interest rate differential, taxpayers are harmed by the failure to net.(13)
"We told him to get beyond the
whipsaw of competing quotes that are often put into a story for |balance,'" Executive Editor Lou Ureneck explained in the magazine of the American Society of Newspaper Editors.
"It's a trend that's more than a trend," says Dan Harden, president of Silicon Valley-based
Whipsaw, an industrial design and engineering company.
taxpayer from the
whipsaw resulting where losses on the sale of stock of a foreign affiliate are allocated to foreign-source income.
About the only hedging issue that has not yet been negatively addressed by the IRS to date is the "section (f)(1)
whipsaw" issue.
But a little introspection indicates that many business owners perhaps aren't facing "the same level of
whipsaw we might expect," Caprel says.
Under an anti-abuse rule, the IRS can treat any gains as ordinary, resulting in a potential character "
whipsaw"; see Regs.