Sentence examples for revenue rules from inspiring English sources

A result, according to Mr. Olofson, is that Global Crossing did not even follow its own rules for reporting cash revenue, rules that investors relied upon.

Inland Revenue rules relating to redundancy pay-offs are, according to John Ball, a director of London based accountancy firm HaysMacintyre, unwieldy and complex.

That rule, which judges refer to as the revenue rule, was the basis for a similar ruling by the federal appeals court in New York last year that dismissed a similar suit by Canada.

Assuming the sudden changing of the rules is to enable Toronto Wolfpack to spend that much in their debut season - although they will need an income of nearly £4m to stay under the cap, as the 50% of earned revenue rule still applies - the impact will actually be seen more in the Championship next year.

The PLRs cite Revenue Ruling 83-93, based on Treasury Ruling 1.117-4 [26 CFR 1.117-4] as the basis for establishing the precedent that, like fellowships, income derived from an NRSA or similar training grant does not constitute "wages," as specified under FICA.

In Revenue Ruling 57-127, the IRS Commissioner determined that funds from a government foundation used by an individual for the purpose of conducting a research project free from direction and control of the institution were not to be considered a fellowship because the foundation reserved rights in patents resulting from the research, thereby establishing a quid pro quo.

Revenue Ruling 76-255 deals with the rare circumstance in which joint filers can switch to separate returns.

In 1958, the IRS determined (in Revenue Ruling 58-66 1958-1 C.B. 60) that people who were deemed in a common law marriage were considered married in that state.

Revenue Ruling 70-604 and Private Letter Ruling 61.00-00 allows a board, after receiving approval by its titleholders through a vote, to defer income to the next year when its taxable income may be lower.

The Supreme Court decision and the IRS Revenue Ruling are very clear in stating that a same sex couple who are married in a location that recognizes same sex marriage are a couple for tax purposes in all 50 states.

Thus, Revenue Ruling 2013-17 from the Internal Revenue Service says, "For Federal tax purposes, the Internal Revenue Service recognizes a marriage of same-sex individuals validly entered into in a state whose laws authorize the marriage of two individuals of the same sex, even if the state in which they are domiciled does not recognize the validity of same-sex marriages".