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If the taxpayer elects the application of this paragraph, such portion of the passive activity credit of such taxpayer shall not be allowed for any taxable year.
Rebekah Brooks has dropped her application for the taxpayer to reimburse her legal costs of up to £7m relating to the marathon phone-hacking trial.
The state rejected the church's grant application, though, due to a constitutional provision that bars the distribution of taxpayer funds to religious organizations.
In December, at the height of the crisis, the Treasury Department rushed through an application by CIT to become a bank holding company and flooded it with billions of taxpayer dollars through the federal Troubled Asset Relief Program.
In 1943 the Court did have occasion to pass upon an application of the net worth theory where the taxpayer had no records.
This is a waste of taxpayer money".
Operation Streamline is a waste of taxpayer dollars.
"The taxpayers never received the full measure of taxpayer dollars".
It has squandered trillions of taxpayer dollars.
a waste of taxpayer money.
L. 107 147 substituted "by application of paragraph (2)(C)(i)(II)" for "because the taxpayer elected under paragraph (2)(C) to waive the application of paragraph (2)".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com