Sentence examples for amount of the liability from inspiring English sources

Reducing the amount of the liability caused an increase in net income.

Look for the cause and amount of the liability on a work sheet for previous returns, not on the returns themselves.

If at the time of proof the amount of the liability is still undetermined, many laws provide that it may be estimated.

In one case, however, the board concluded that a client of KPMG had recorded a liability improperly, but KPMG disagreed and the staff of the Securities and Exchange Commission agreed with the accounting firm, although in the end it did force a change in the amount of the liability, according to the report.

Merck says it cannot yet reasonably estimate the amount of the Vioxx liability in order to take reserves.

Given the new potential for an enormous amount of liability on the part of the government, the lawyers for the plaintiffs urged the government to consider making a settlement with everyone who was affected by the floods in the greater New Orleans area — even residents of zones where Judge Duval has already ruled the corps is not liable.

But a tie-up is predicated on a certain amount of liabilities, and the outcome of the investigation could affect the ultimate numbers.

The yearly premium for punitive-damage coverage starts at about $1,500, Mr. Eveleigh said, depending on the deductible and the amount of liability coverage.

While it is generally assumed BP is responsible for all costs associated with the cleanup, White House press secretary Robert Gibbs was asked Monday whether the Oil Pollution Act of 1990 limits the amount of liability assessed to a company at $75 million, that is, beyond the initial cleanup cost.

The company said it would add $850 million before taxes to its reserves of $335 million to settle the claims, and that it had no estimate for the amount of liability it would still face after 2003.

The amount of liability may also be determined by reference to a statute.