Grandfather rule

grandfather clause

1. A provision in a statute that exempts those already involved in a regulated activity or business from the new regulations established by the statute.

2. A clause in the constitutions of several southern states before the year 1915, intended to disfranchise African Americans by exempting from stringent voting requirements all lineal descendants of persons who were registered voters before 1867.

grandfather clause

1. (Historical Terms) US History a clause in the constitutions of several Southern states that waived electoral literacy requirements for lineal descendants of people voting before 1867, thus ensuring the franchise for illiterate Whites: declared unconstitutional in 1915

2. (Law) a clause in legislation that forbids or regulates an activity so that those engaged in it are exempted from the ban

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Noun

grandfather clause - an exemption based on circumstances existing prior to the adoption of some policy; used to enfranchise illiterate whites in south after the American Civil War

exemption, freedom - immunity from an obligation or duty

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exemption freedom grandfather	Using a Fiscal Year Under the Grandfather Rules An S corporation that used a fiscal year for the year that began in 1986 can continue using that fiscal year if it made the Sec. S corporation tax year rules by Ellentuck, Albert B. / The Tax Adviser The Londoner who Brian Flynn snaffled up on the grandfather rule looked a fine footballer in the two under-21 games. How the credit crunch can really help Toshack; COMMENT Hammers' fire ... by Daily Post (Liverpool, England) Furthermore, the provisions would eliminate grandfather rules enacted by Congress in 2000 that explicitly allowed the FSC rules -- which were repealed in the same legislation -- to continue to apply fully to prior leasing transactions. U.S. tax policy: implications for multinationals. (International ... by Kies, Kenneth J. / Financial Executive	Grand-guard grandad grandad shirt grandaddy grandam grandaunt grandbaby grandchild grandchildren granddad granddaddy granddaughter Grande grande dame Grande-Terre grandee grandeeism Grandeeship grandeur Grandevity Grandevous grandfather grandfather clause grandfather clock Grandfather longlegs Grandfather rule grandfatherly Grandific grandiloquence grandiloquent grandiloquently Grandiloquous Grandinous grandiose grandiosely Grandiosity grandioso Grandity grandkid grandly grandma Grandma Moses Grandmaster grandmother grandmother clock grandmotherly grandnephew grandness grandniece grandpa grandparent	grandfather clauses grandfather clauses grandfather clauses grandfather clauses grandfather clock grandfather clocks grandfather cycle grandfather device Grandfather Father Son Grandfather Frost Grandfather in Grandfather in Grandfather in Grandfather in Grandfather in Grandfather in Grandfather longlegs Grandfather Mountain Highland Games Grandfather Mountain Highland Games and Gathering of Scottish Clans Grandfather National Scenic Area Grandfather provision Grandfather provision Grandfather provision Grandfather provision Grandfather provision Grandfather rights Grandfather rights Grandfather rights Grandfather rights Grandfather rights Grandfather rule Grandfather Sword Grandfather Tape Grandfather Tapes Grandfather, Father, Son Grandfather-father-son Grandfather-Father-Son Backup grandfathered grandfathered grandfathered grandfathered grandfathered grandfathered Grandfathered activities Grandfathered Activity Grandfathered Device Grandfathered in Grandfathered in Grandfathered in Grandfathered in Grandfathered in grandfathering grandfathering grandfathering grandfathering grandfathering grandfathering grandfatherly grandfatherly grandfatherly grandfathers

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exemption
freedom
grandfather

Using a Fiscal Year Under the Grandfather Rules An S corporation that used a fiscal year for the year that began in 1986 can continue using that fiscal year if it made the Sec.

S corporation tax year rules by Ellentuck, Albert B. / The Tax Adviser

The Londoner who Brian Flynn snaffled up on the grandfather rule looked a fine footballer in the two under-21 games.

How the credit crunch can really help Toshack; COMMENT Hammers' fire ... by Daily Post (Liverpool, England)

Furthermore, the provisions would eliminate grandfather rules enacted by Congress in 2000 that explicitly allowed the FSC rules -- which were repealed in the same legislation -- to continue to apply fully to prior leasing transactions.

U.S. tax policy: implications for multinationals. (International ... by Kies, Kenneth J. / Financial Executive

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grandfather clause (redirected from Grandfather rule)

grandfather clause
(redirected from Grandfather rule)