After the condescending surprise, nonrecognition
, and praise, from those who were not themselves dressed up, the young people decided that their costumes were so good that they ought to be shown elsewhere.
Final regulations should not apply the BEAT to nonrecognition
transactions, as discussed in Section 4.
The CTA reiterated that the share-swap transaction was a tax-free exchange under the National Internal Revenue Code, because the law allowed the nonrecognition
of gains when 'further control' of a firm is increased 'collectively.'
. Neither the corporation nor LLC, Inc., will have a tax liability from the exchange.
A unilateral declaration would totally backfire and face nonrecognition
from the world, bringing economic ruin to the region.
Instead, North Carolina law calls for adjustments to a taxpayer's income, which can cause challenges when planning for and reporting recognition and nonrecognition
Establishment of nonrecognition
of post-coup d'etat a universal principle raises some difficult practical questions.
Netanyahu leads a caucus that has the nonrecognition
of any separate state for Palestinians as a key guiding principle.
Pricing emissions is about fixing market distortions that currently exist through clumsy government regulations, fickle tax incentives, direct subsidies and the nonrecognition
of negative externalities.
Likewise, Congress grounded subchapter K in a "nonrecognition
" premise, thereby permitting the transfer of assets between partners and partnerships with no immediate tax consequences.
At present, 37 states (nonrecognition
states) still have constitutional amendments or statutory provisions limiting legal marriage to opposite-sex couples.