The bill conforms to federal tax law as enacted Jan.
AB 115 also conforms to the Economic Growth and Tax Relief Reconciliation Act of 2001; the Medicare Prescription Drug, Improvement, and Modernization Act of 2003; and the American Jobs Creation Act of 2004.
In Millet;, 114 TC 184 (2000), the court upheld past rulings that a divorce decree awarding the exemption to the noncustodial parent has no validity unless it conforms to the substance of Form 8332, Release of Claim to Exemption for Child of Divorced or Separated Parents.
To effect the transfer, the custodial parent signs a written declaration, either Form 8332 or a document that conforms to the substance of that form.
To document that consent, the noncustodial parent must attach Form 8332 or a declaration "that conforms to the substance of such form." Form 8332 is a simple one-page form requiring very little information.
If the action conforms to the social group's norms, then it is right.
If the action conforms to the national culture's norms, then it is right.
Although the Alaska DOR has not publicly announced its position regarding the FCBRs, in response to a survey it indicated that the state conforms to the Federal rules for both single- and mutt-member LLCs.(6)
Under 1997 legislation,(9) California conforms to the FCBRs, effective for income and tax years beginning after 1996.
529 plan withdrawals will no longer be taxable for California income tax purposes, which conforms to the federal change.
California currently conforms to the January 1998 IRC and only has selectively conformed since then.
The opinion in Wal-Mart stated that a taxpayer may estimate year-end shrinkage if the estimate methodology (1) conforms to
the best accounting practice in the trade or business and (2) clearly reflects income.