(Interest expense that is not allowable as a deduction by reason of a disallowance provision (within the meaning of paragraph (m)(7)(ii) of this section) is not taken into account for any taxable year for purposes of applying the passive loss and nonbusiness interest limitations.
The agency lawsuit says Monex International Ltd., run by Louis Carabini, agreed in early 1998 to a court judgment that it owed $134 million for 1980 to 1984, a sum due largely to disallowance of a dodgy tax shelter involving London Metal Exchange straddle transactions.
1985) (rejecting argument that Robins Dry Dock only applies to "interference with economic expectancies generally or only to interference with contractual interests" and stating that the precept established by Robins Dry Dock "'is essentially a principle of disallowance of damages because of remoteness'") (quoting Venore Transp. Co. v. M/V Struma, 583 F.2d 710, 710 (4th Cir. 1978)).
Sections 16 and 17 suggest that since private enforcement of the Act was not a paramount objective, disallowance of suits by state employees and remitting them to relief through the Secretary of Labor may explain why Congress was silent as to waiver of sovereign immunity of the States.
The act allows the environment minister to add to the list of threatened ecological communities, but such listings can be struck down through a disallowance motion passed by either house of federal parliament.
Referee Dan O'Halloran immediately waved off the goal — the third initial disallowance of a goal in the game.
(m) which related to a phase-in of disallowance of losses and credits for interest held before the date of enactment of the Tax Reform Act of 1986.
provides forecasts for local broadcast worldwide, has gone to U.S. Tax Court challenging disallowance of a $62,419 credit for new research.
Despite the protests of numerous cycling groups armed with a petition of over 10,000 signatures and a disallowance motion tabled in state parliament by Greens MP, Mehreen Faruqi, the government appears intent on punishing two-wheeled human-powered road users.
The Greens said they would move a disallowance motion against the changes at the first available opportunity after the resumption of parliament next year.
