regs


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Related to regs: RGIS, Rugs

reg

1. slang A shortening of "regulation." Its pronunciation rhymes with "leg." The government wants to impose so many regs on our business that we'll never be able to turn a profit. Any new reg will be posted outside my door, so be sure to check there often.
2. slang A shortening of "registration," referring to the vehicle registration plates on the front and back of a car. Its pronunciation rhymes with "edge." Primarily heard in UK. That car almost hit us! Did anyone see the number on the reg?
3. slang A shortening of "regular." Used almost exclusively in the phrase "on the reg," meaning regularly. Its pronunciation rhymes with "leg." I used to go there on the reg, but I've been busy.

regs

n. regulations. There is a list of regs posted on the back of your door.
See also: reg
References in periodicals archive ?
Specific identification rules are provided for identifying the hedged item when the taxpayer is hedging inventory, debt, assets that have not yet been acquired, and aggregate risk (i.e., overall hedges of interest rate, price or currency risk); see Regs. Sec.
parent enters into a new GILA (for the remainder of the original five-year term), in which it agrees to recognize the gain in accordance with Regs. Sec.
Accordingly, P's allocation relating to its options satisfies the arm's-length standard in Regs. Sec.
If debt issuance costs are de minimis, taxpayers may deduct the costs (1) on a straight-line basis; (2) in proportion to the stated interest payments; or (3) in full at the maturity of the debt instrument; see Regs. Sec.
(13) If a foreign country (e.g., the U.K.) has a law that mirrors the DCL rules and disallows the foreign branch loss from offsetting another person's income, Regs. Sec.
355 did not apply, it did not constitute tax avoidance, because it was motivated by a bona fide business purpose within the meaning of Regs. Sec.
It then reviewed the relevant cases, the amendment of Regs. Sec.
Waiver's Scope: Under this initiative, the IRS will waive the filing deadlines set forth in Regs. Secs.
475(f) election and a letter explaining why he should be entitled to an extension under Regs. Sec.
Reg. [sections] 1.1502-13(e)(1), a special rule is provided for the situation in which S sells inventory to B and either member uses dollar-value LIFO to account for intercompany transactions.
Stewardship expenses: The temporary regulations modify Regs. Sec.
Purchases are taken into account in computing the cost of goods sold, which is an offset, or exclusion, employed in the computation of gross profit and gross income (section 1.61-3(a), Income Tax, Regs.); whereas, throughout the Code, the term "deduction" is used to refer to amounts subtracted from gross income to arrive at taxable income.
shareholder owns 5% or more of either PLC's vote or value, such shareholder must enter into a five-year gain recognition agreement (GILA) relating to USHoldco shares; see Regs. Sec.
Regs. [sec.] 1.861-10T(d)(2) and [sec.] 1.861-9T(g)(2)(iii).
The final regulations clarify the application of these rules to subcontractors as well; see Regs. Sec.