2006), rev'g TC Memo 2001-175, the Ninth Circuit addressed whether advance trade discounts
are required to be included in income in the year of receipt.
A control premium can be converted to a minority discount
by the formula: control premium/(1 + control premium).
TEI members with questions about the RIA discounts
under the affinity program should contact their field sales force agent.
A recent Congressional Joint Committee on Taxation proposes curbing the use of the FLP "strategy" being "employed to manufacture discounts
that do not reflect the economics of the transfers during life and after death.
This month, The CPA Letter Member Benefits feature describes the services and benefits that the Institute offers--from valuable information resources to discounts
on products to special rates on insurance.
Note: "You cannot get the low-income benefits if you already have drug coverage from your current or former employer, Medicaid, the Federal Employee Health Benefits Program, Tricare, or the Veterans Administration" (quoted from "76 Things You Should Know about the New Medicare Discount
Cards," Center for Medicare Rights, http://www.
include savings of 5%-15% on all car classes for daily, weekly, weekend, and monthly rentals in the U.
With so many schools offering discounts
, says Davis, the playing field became level once again.
The Federal Reserve Board approved on November 7, 2001, actions by the boards of directors of the Federal Reserve Banks of Philadelphia, Chicago, and Minneapolis, decreasing the discount
rate at the banks from 2 percent to 1 1/2 percent, effective immediately.
How can we leverage discount
arrangements for people who may still be paying out of pocket, but do credentialing on those services and help them to pay less?
The OIG responded that a large discount
pursuant to a PPS contract could be a kickback, which would violate the federal Medicare and Medicaid fraud and anti-kickback statute.
Diagram C illustrates how the mechanism has been applied to create an imputation model that estimates the discount
rate the market appears to be using to produce the observed value.
Caselaw holds that no discount
may be imposed upon the value of minority shares in a close corporation solely by reason of their minority status.
If you need a refresher on the financial theory behind business and stock valuations, here's a look at what P/E ratios, discount
rates and the cost of capital mean -- and how you should use them to make better buying decisions.