The regulations may provide that income realized before the change date from discrete sales of assets would be excluded from the ratable
allocation and could be offset without limit by pre-change losses.
The regulations maintain the general rule of ratable
allocation but allow for a closing of the books election made on a timely filed return.
as is not in excess of his ratable
share of the undistributed earnings and profits [E&P] of the corporation .
6 billion of revolving credit facilities which, while maturing in August 2003 and August 2004, would have to be secured on an equal and ratable
basis according to existing documentation.
allocation may be convenient, it can give rise to distorted results if large taxable gains or losses occur in either the prechange or postchange period but are allocated pro rata within the year.
The notes underlying these securities also now enjoy ratable
sharing in the pledge of Meditrust Corp.
736(b) payments to be made to a partner is fixed, however, the partner may determine the amount of gain or loss attributable to each payment by applying a ratable
portion of his basis in the partnership interest to each payment.
The agreement expires on June 10, 2002, and is secured by a lien on most of the Company's assets on an equal and ratable
basis with the Company's senior notes.
Payment method: The payment method applies to all taxpayers that have not elected the ratable
accrual method and that have not elected the recurring item exception.
Pursuant to the US Lines Plan of Reorganization, which became effective in 1990, the former unsecured creditors of US Lines became entitled to receive ratable
portions of 5,000,000 shares of the Company's Common Stock.
It will be important to identify at the top of the statement, "REQUEST TO CHANGE TO THE RATABLE
ACCRUAL METHOD FOR REAL PROPERTY TAXES UNDER REV.
Clarus anticipates that approximately 90 percent of its license business will be contracted under agreements requiring ratable