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 to DPGR.
(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 overhead amount.
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.
