704(c)(1)(B) requires the recognition of any built-in gain or loss, built-in loss triggered by a distribution of property contributed
by a member who holds more than a 50% interest in the LLC is disallowed due to the application of Sec.
And the Building Industry Association of Southern California and its Greater Los Angeles-Ventura County chapter have contributed
$65,000 to the campaign.
Peracchi claimed that his note had a basis equal to its face amount, thereby making the total basis in the property he contributed
greater than the total liabilities.
The substantial slack in labor markets and improvements in productivity growth have contributed
to downward pressure on the inflation rate.
Billco uses most of the cash contributed
and loaned by Bill to purchase new business assets.
7 ballot and has personally contributed
$4,000 to sitting council members.
To meet his 1984 minimum funding obligation under the plan, in 1984 and 1985 he contributed
three promissory notes without recourse.
The JV Agreement calls for Elkhorn to earn up to a 50% interest in the Mine by contributing $13 million over a five-month period, starting with initial payments totaling $1 million required to be contributed
not later than two weeks after signing.
704(c) gain on contributed
property may need to be recognized under Sec.
Santa Clarita Valley broker associate Lou Fricke also contributed
to the cause, feeling that the Santa Clarita Valley community deserves a medical facility with enough resources to provide the best possible care for its burgeoning population.
Cousins will continue to manage and lease the contributed
For contributions to partnerships in exchange for partnership interests, the courts have held that if the contributing partner's capital account is increased for the contributed
property's fair market value (FMV), the transfer will be for full and adequate consideration, because the partner will be able to recoup such amounts if the partnership liquidates; see Est.
I feel that, when I create music for people, I contribute in two ways - I contribute to the motherland - my culture - and I have contributed
This labor flexibility also has contributed
to CTS' relatively high operational service levels, which in turn, have given the carrier the ability to charge a premium for its transportation services, further contributing to its relatively strong OR.
In Letter Ruling 200445023, the IRS approved the donor-managed investment account (DMIA), a new charitable giving technique that generates an immediate income tax deduction in the year of contribution and allows donors to manage contributed
assets actively, without the administrative cost and complications of operating a private foundation.