Calculating net value: In the preamble to the final regulations, Treasury and the IRS noted that the comments received on a disregarded entity's net value illustrate the difficulty of taking into account priorities among obligations
of disregarded entities in determining their net value, as well as the differing views on the best approach to measure a partner's economic risk of loss.
should include the actuarial present value, as applicable, of claims payable, insurance premiums payable, active participants' claims incurred but not reported to the plan (IBNR), active participants' accumulated eligibflity credits and postretirement benefits.
shareholder, will be disregarded if the clean-up period is "brief" compared to the overall period the debt obligations
The prior service costs on which the intangible asset limit is based are calculated using projected benefits, which tend to be considerably larger in pay-related pension plans than the accrued benefit obligation
on which the additional minimum liability is based.
This can have a number of consequences that may result in situations in which the issue price of a debt obligation
is significantly less than the amount of money actually received by the company.
Funds committed irrevocably to such a trust are excluded from the government-wide financial statements of the local government and result in a reduction of the net OPEB obligation
As a result of their specialist training, they may have felt a stronger obligation
to participate than doctors in other areas of medicine.
Applying FAS 5, legally enforceable obligations
for environmental cleanup need not be disclosed, so long as legal action is neither pending nor considered probable.
The remaining provisions of this Statement are consistent with the Board's proposal to revise that definition to encompass certain obligations
that a reporting entity can or must settle by issuing its own equity shares, depending on the nature of the relationship established between the holder and the issuer.
These principles are most often manifested in ethical values and obligations
consequent to one's personal, organizational, or environmental roles or interactions, often as push-pull influences derived from personal values and/or one's role in an organization or society.
However, under the Fourteenth Amendment, it is not clear who has the obligation
to honor this inferred right.
on the last day of the year will be treated as holding U.
The primary obligation
of the vendor is to provide some type of service or product.
As a result of multilateral netting, only one participant (Bank D) has an obligation
to transfer money to the clearinghouse, and the clearinghouse must transfer money to three participants.