Sentence examples for tax attributes from inspiring English sources

Finally, the corporation must apply the excluded discharged debt to reduce its tax attributes.

In particular, if a taxpayer has no tax attributes at all, there will be no reduction.

Using a choice experiment, this study investigates public preferences for carbon tax attributes in a developing country context.

According to the Commissioner, because the taxpayer is required to reduce tax attributes that could have provided future tax benefits, the taxpayer will pay taxes on future income that otherwise would have been absorbed by the forfeited tax attributes.

This concern presumes that tax attributes can be reduced only if the discharge of indebtedness itself remains at the corporate level.

Subsection (i)(1) states a general rule that an estate that is a separate taxable entity nevertheless succeeds to all tax attributes of the debtor.

(5) Respondents who knew the party positions were more sensitive to the tax attribute.

The first tax attribute to be reduced, and the one at issue in this case, is the net operating loss.

In this case, the net operating loss tax attribute fully absorbs the corporation’s excluded discharge of indebtedness income.

However, §108(d)(7)(A) merely directs that the exclusion from gross income and the tax attribute reduction be made at the corporate level.

the same or a similar tax attribute may be carried back by the estate to such a taxable period of the debtor under the Internal Revenue Code of 1986.