Selfe, Maloof argued his pledge of stock constituted an economic outlay
Finally, he suggested the transaction be recharacterized as a personal loan he made to Level Propane.
Although the IRS and the courts generally have been consistent in applying the requirement that a loan run directly from a shareholder to the S corporation, they have been inconsistent in a requiring the S shareholder to make an actual economic outlay
The doubling of the growth rate of output per hour has caused individuals' real taxable income to grow nearly two and one-half times as fast as it did over the preceding ten years and resulted in the substantial surplus of receipts over outlays
that we are now experiencing.
In Section IV, we first compare the firms' expected outlay
in the RCS contest with the firms' outlay
in the rent-seeking contest.
So, what transpires from all the discussion up to this point is the following: if total outlay
and the distance of production location from the product market are given, then optimum choice of location is a matter of standard optimization rule for a firm.
The trend in federal spending for Natural Resource and Environment (NRE) programs is shown as a percentage of total federal outlays
According to defence experts, though the allocation for defence has increased in terms of funds, it has actually declined if seen in the perspective of percentage of the total outlay
Meanwhile, the outlay
for outsourced health personnel services is higher by more than P13 million.
23), according to which budgeted outlay
To avoid counting these internal payments in total outlays
(which represent government expenditures to the public) they are offset either against the spending of the government recipient or are subtracted from outlays
through the undistributed offsetting receipts category, (a negative outlay
amount found at the bottom of the list in each table).
Taxpayers generally may not increase the basis in their S corporation stock by the amount of a loan guaranty to S corporation creditors until they make an actual "economic outlay
The amount includes payments for completed infrastructure projects of the Department of Public Works and Highways (road improvement works, repair and rehabilitation, including flood control projects, construction/improvement of pumping stations, dike and drainage systems), capital outlay
projects of the Department of Education (repair and rehabilitation of school facilities) and the Department of Health (land outlays
for health facilities and purchase of hospital equipment),' the DBM explained in a report.
The capital outlay
of 16 states (accounting for 69% of the country's GDP, or gross domestic product, and about 60% of total outlay
by states), for which data is available, has risen 29% during the first four months of the fiscal to Rs 46,300 crore compared to full-year budgeted growth of 16%.
2015, revised outlay
for 2015-16 & proposed outlay
for 2016-17 are given in Pink Book presented alongwith Railway Budget 2016-17 in the House on 25.