Sentence examples for avoidance transactions from inspiring English sources

He said that the Treasury was also considering allowing companies to notify the I.R.S. in advance of tax avoidance transactions and obtain a ruling on their validity.

The corporate finance at AIG-FP apparently meant tax avoidance transactions.

It turns out that it seems that a lot of the people in AIG Financial Products were also involved in tax avoidance transactions.

At a press conference inside the U.S. Treasury, IRS Commissioner Mark W. Everson said the agreement "sends a strong message to those promoting and using abusive tax avoidance transactions.

The Treasury moved yesterday to make it more difficult for large corporations to hide abusive tax-avoidance transactions.

[C8.] Treasury Proposes Rule on Profits The Treasury moved to make it harder for companies to hide abusive tax-avoidance transactions.

"The audit guidelines reflect suspicion that all cross-border equity swaps are tax-avoidance transactions, even though the I.R.S.'s own regulations treated these transactions favorably," Mr. Leeds said.

The proposals would require companies and the shelter designers to disclose tax-avoidance transactions more fully, subject companies that engage in shams to a 40percentt penalty on taxes they evaded and penalize the designers up to half the fees they charged for creating shams.

So, we find ourselves in the humorous position of being tax payers having bailed out AIG Financial Products, which were involved not only in the credit derivative transactions, but also tax-avoidance transactions.

But these inflows could be reduced if an unusual tax-avoidance transaction — set up to allow losses at one company to offset profits at another — gains acceptance throughout corporate America.

The proposal has already been backed by Holyrood's finance committee, which welcomed measures to clamp down on tax avoidance on transactions involving land and buildings in Scotland.