Director of the Bona Fide
organization said, "All of us at Bona Fide
are excited about becoming part of the Bio-Imaging team.
The Sixth Circuit reversed the Tax Court and held that the SCIN was bona fide
Although no one factor is controlling, the courts have generally looked at the parties' intent and the existence of the following as evidence that a bona fide
debt exists: (1) a note or other evidence of indebtedness; (2) interest being charged; (3) a fixed repayment schedule; (4) security or collateral; (5) a demand for repayment; (6) the parties' records, if any, reflecting the transaction as a loan; (7) any repayments made; and (8) the solvency of the borrower.
The shares of Nutek Oil being distributed will not be delivered to any broker or depository holding shares of Nutek, but rather will be mailed directly by the company's transfer agent to the bona fide
shareholders of Nutek.
Under the Omnibus Budget Reconciliation Act of 1990 (OBRA), the agreement also must (1) have a bona fide
business purpose, (2) not permit a wealth transfer to the natural objects of the decedent's bounty and (3) be comparable to similar arrangements negotiated at arm's length; see Sec.
The Ninth Circuit Court of Appeals, in Zimmerman, said proving a debt is bona fide
requires taxpayers to show the obligation to repay is not contingent and is made with a reasonable expectation, belief and intention to repay.
Taking the position that he was a bona fide
resident of the U.
But because the cost of LLPAs can be built into the interest rate, the question arises whether discount points used to offset the higher rate caused by LLPAs can be considered bona fide
The Third Circuit's decision suggests that credit structures relying on managing member guaranties, fixed priority returns, and put-and-call exit strategies fail the risk-sharing requirement necessary for a bona fide
The counsel said under sub section (2) of section 5 of the contempt of Court Ordinance 2003, "A person accused of having committed contempt of court may, at any stage, submit an apology and the court, if satisfied that it is bona fide
, may discharge him or remit his sentence.
3 million, does not constitute a bona fide
offer to purchase.
TRAINER WITH BYTE Aidan O'Brien, a bona fide
The applicable tax code provision states that the fair market value of a lot shall be the developer's acquisition cost "until the lot with building or buildings located thereon shall have been conveyed to a bona fide
purchaser," leased, or occupied by the owner other than as a sales office.
1) In reaching this conclusion, the GAO recognized the key issue as whether the subscriptions were the bona fide
need of FY 2006.
Police are urging residents to be extra-vigilant about doorstep callers and sellers, who may not be who they say they are or offering bona fide