Net income allocable
to common stockholders was USD5.2m for the six months ended June 30, 2019, as compared to USD15.6m for the six months ended June 30, 2018, a decrease of USD10.4m.
Thus, the IRS concluded that the unamortized loan costs were deductible, including the loan costs allocable
to the existing loans that the taxpayer exchanged for the new term loans in a debt-for-debt exchange.
"The difference between the unscreened allocable
salary of $75,000 and the screened allocable
salary of $70,500 would be reflected as an unallowable cost," Brossoie stated in the email message.
The court, however, held that the costs were properly allocable
to the utensils, since "the royalties directly benefited and/or were incurred by reason of [Robinson's] production activities." Robinson appealed to the Second Circuit.
It states that if a taxpayer receives a payment that is partially allocable
to a volume commitment and partially allocable
to cooperative advertising, the taxpayer may use the advance trade discount method only for the portion that can be demonstrated by "objective criteria" as an advance trade discount.
All taxpayers who calculate a section 199 deduction will face the additional burden of having to determine the amount of W2 wages allocable
(1) The owner's allocable
share of the entity's W-2 wages; or
According to PricewaterhouseCoopers, pulling the W-2 wage component from cost of goods sold and from other costs properly allocable
to domestic production gross receipts will be time-consuming.
Supporters of legislation to block nonparticipating manufacturers from obtaining a release on their escrow deposits (allocable
share provisions) see this as a way to put manufacturers of independent brands out of business.
To establish the amount of its claim, Jay first calculated the portion of its overhead pool allocable
to the COPAR store by multiplying its actual overhead rate by the actual revenue to establish an allocable
reported its unaudited results for the quarter ended March 31, 2018, including net income allocable
to common stockholders for the quarter of $8.7 million, or $0.58 per diluted share.
Net income allocable
to common shareholders decreased by USD186,000 from USD1.3m, or USD0.27 per diluted share, during the three months ended June 30, 2013, to USD1.1m, or USD0.23 per diluted share, during the current three month period.
A CERIL generally represents the amount of interest expense allocable
to the CERT under the rules and limitations of Sec.
Of the USD9.7m of net income earned in 2012, approximately USD8.7m was allocable
to the holders of our common stock and approximately USD1.0m was allocable
to the holders of our preferred stock.
(4) QPAI, in turn, equals the excess of "domestic production gross receipts" (DPGR) over the sum of allocable
cost of goods sold and other allocable
deductions, expenses, and losses.