On the other hand, an award that is essentially a promise to make such a transfer at some point in the future (commonly known as a restricted stock unit), may constitute deferred
compensation under Sec.
In other words, CPAs should compare the actual tax benefit with the deferred
tax asset and credit any excess to stockholders' equity instead of to the income statement.
The Thompson Memo explicitly recognizes deferred
prosecution as an alternative disposition for corporate criminal investigations.
If 4 percent of the voting power of the stock is owned by the president and the remaining stock is so diversely held by the public that the president, in effect, controls the corporation," says Hesch, "then the possibility of the corporation enforcing a restriction on the right to deferred
compensation of the president is not substantial.
Once we understood the deferred
maintenance backlog, it gave us the opportunity to determine investment priorities.
If you have clients who offer deferred
compensation plans to their employees, then you probably have clients who are affected by Sec.
prosecution agreements enable the government to get everything it might have gotten through a trial (fines, admission of guilt, changes to the company's governance) except a conviction itself.
We test whether managers use the flexibility provided under the partial method of deferred
taxation accounting in the U.
Jason Weaver Aug, 1996 16 days + 5 deferred
For the better part of 1938, it looked as if Liberty Deferred
would be produced.
This article discusses how a deferred
option retirement plan works.
There are basically three types of accounts involved in the accounting for income taxes: 1) income tax payable or receivable, 2) deferred
tax asset and liability, and 3) income tax expense or benefit.
Financial ratios and possibly compliance with debt covenants could also be affected, since adoption of this pronouncement will likely cause shifts between deferred
taxes and equity.
Readers will see: * How to structure multi-party exchanges * How to minimize the amount of taxable boot received in an exchange * How to structure statutory deferred
exchanges * When you should use a qualified intermediary in a simultaneous exchange * How to deal with the [section] 1245 and [section] 1250 recapture rules in connection with exchanges and conversions of depreciable properties * What constitutes an involuntary conversion * Why deferred
exchanges are particularly dangerous for partnerships * The risks and rewards of using related parties in connection with exchanges and replacements of involuntarily converted property
a high percentage of its product shipments during fiscal 2006 and 2005 as a result of acquiring several related major contracts that included multi-year software subscriptions.