This $595 is the tax benefit of the excess
of the deductible amount over the recognized compensation cost.
In a recent negotiation of a complex D & O program with eight excess
policies, we focused on special terms inserted in an excess
policy that would allow an insurer to appeal an adverse judgment against the insureds even if the insureds had no wish to do so.
SA/LW Conference and the OSCE Document on SA/LW adopted in November 2000 contain provisions urging effective stockpile management and destruction of excess
Demand in the United States and around the world has dropped off sharply, leaving excess
capacity and excess
While Bigvine's customer base comprises mainly smaller businesses, it has reached out to larger businesses with excess
inventory, recently working deals with Delta Airlines and Starwood Hotels.
If you apply for excess
SCRIE while you own the building you can get it," explained Kupferman, "but you can't file for the excess
after you sell the building.
An account seeking excess
reinsurance will generally want a reinsurer to provide a layer or layers of capacity in excess
of its own capacity.
The tax adviser has shown how a stock redemption can extract assets creating an excess
passive gross receipts problem for an S corporation.
This provision seems to imply that to avoid the second-tier tax, tax-exempts must monitor themselves and correct excess
benefit transactions before the IRS imposes the first-tier tax upon audit.
For retiree health benefits, employer payments are all tax deductible - unless they come from excess
pension assets, which were already deducted as contributions to the pension trust.
benefits comprise compensation packages, loans, unreported benefits and transfers of property and other transactions with insiders or related parties.
Similar to the changes surrounding the capitation market, "we see the market between providers and reinsurers also changing," said Richard Berve, product manager of Provider Excess
Insurance for GE Employers Reinsurance Corp.
But the mere appearance of the first prototype created enormous demand, far in excess
of potential supply, in a clear case of structural imbalance between supply and demand.