First, the transactions caused the hospitals' earnings to inure
to the benefit of private individuals because they constituted a sale or gift to physician-investors of an ownership interest in the net profits of the hospitals.
The sine qua non of the unitary business principle is the elimination of artificial line-drawing between entities engaged in the same general enterprise, which inures
to the benefit of taxpayers and tax administrators alike.
The plaintiff purports to allege both derivative claims on behalf of Siliconix, on which any recovery would inure
directly to the benefit of Siliconix and indirectly to its stockholders, and class action claims, on which any recovery would inure
directly to Siliconix stockholders who were members of the class.
Even though the broker was not party to the contacts of sale, the Court ruled that the contact clauses made specific reference the broker's representations, and thus, these barring provisions of the contract inure
to the broker's benefit.
The arrangement between H and L allows a portion of those revenues to inure
These savings will inure
to the benefit of Vitalstate and all of its shareholders and will, hopefully, make Vitalstate more profitable.
Queer as Folk'' posits itself as America's Great Gay Hope, the TV series that will inure
and educate our country to the gay experience, while providing gays with a groundbreaking program they can truly call their own.
Also, the disintegration of communism in Europe will have an enormous impact on private sector expansion in business, which, of course, will inure
to the benefit of New York since all of these countries will be represented here in many different industries.
One type of benefit sought to be obtained from grantor trust treatment - exemplified by the "defective-trust" - is the payment of income tax by the donor on income that will inure
to the benefit of other family members (such as children), who are remaindermen of the trust.
This investor group also has deep experience in helping make good companies even better, which will inure
to the long-term benefit of customers," said Kohler.
The IRS also determined that arrangement did not cause any earnings or benefits to inure
to private parties.
In the first case, the Service reasoned that the dividend restriction on the issuer's stock was not a real penalty within the meaning of the regulations because it did not inure
directly to the holder's benefit.
These benefits inure
to our shareholders in the form of increased earnings per share.