The partnership agreement provides that, on the contribution of additional capital by either partner, PRS must revalue
the partnership's property and adjust the partners' capital accounts under Regs.
This, in turn, caused the company to revalue
certain assets and absorb a one-time charge to earnings of $6,549,647.
Surging consumer prices, fuelled as record oil prices boost economic expansion, has encouraged investor speculation that some Gulf states, specially the UAE and Qatar, will revalue
their currencies or drop the dollar peg altogether to ease inflation.
The dollar also eased against the yen on a report that China could revalue
its dollar-pegged yuan after the Chinese New Year in mid-February, dealers said.
Is it necessary to revalue
all the assets and liabilities on the balance sheet, or is it permissible to revalue
only selected assets and liabilities?
4-5 Group of Seven financial leaders' meeting in London, which is expected to again press China to revalue
its currency, the yuan.
If a taxpayer has used his unified credit only in a prior-year property transfer, he may have an opportunity to revalue
those gifts and increase the amount of the unified credit available.
The Company has applied the principles of the Emerging Issues Committee Abstract - 88 "Debtors Accounting for a Modification or Exchange of Debt Instruments" (EIC-88) to revalue
the terms of the loan with OMG.
To receive consent to make these changes, LIFO taxpayers are required to revalue
their existing LIFO layers and recognize a Sec.
BOSTON -- Baring Asset Management (BAM), the global institutional investment management firm, welcomes the Chinese decision to revalue
the Yuan saying it is a very positive development for investors in the region as a whole.
2701--2704 operate to revalue
(upward) a gift whenever an interest that will appreciate in value is transferred to family members, while the donor retains an interest that will not appreciate.
Many United States policymakers and certain business sectors have urged China to revalue
its currency; in China authorities argue that such changes would make China less competitive in the marketplace; and economists in both countries believe any sudden change would do more harm than good.