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limitation |
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limitation Noun 1. a restriction or controlling of quantity, quality, or achievement 2. limitations the limit or extent of an ability to achieve something: learn your own limitations
ThesaurusLegend: Synonyms Related Words Antonyms
limitation noun 2. weakness, failing, qualification, reservation, defect, disadvantage, flaw, drawback, shortcoming, snag, imperfection Translationslimitations limit npl (= shortcomings) → Grenzen pl |
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6330(d)(1) gives the taxpayer the right to contest the Appeals officer's determination in the appropriate judicial forum, precludes the IRS from proceeding with the proposed levy and suspends the applicable limitation periods. If one of the two statutes of limitation periods (either the overpayment or underpayment) is still open on December 31, 1999, the taxpayer does not have to file until the date on which the last applicable period of limitation closes. The taxpayer is entitled to a refund if, on July 22, 1998, the overpayment limitation periods for both years were open. |
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