In this situation, the affiliated
group would enjoy a double benefit from the exemption (i.
Hence, although taxpayers have in the past taken exception to the Department of Revenue's proposed treatment of royalties paid to affiliated
companies, there is scarcely a question among taxpayers that the Department is the proper State agency to address any perceived abuses in this area.
The Board proposed to reserve its authority to reimpose the funding, credit extension, and credit enhancement firewalls in the event that an affiliated
bank or thrift institution becomes less than well capitalized and the bank holding company does not promptly restore it to the well-capitalized level.
For more information on Affiliated
Managers Group, Inc.
The following factors (listed in descending order of importance) will be considered in determining whether an organization is closely affiliated
with a governmental unit: * The organization is financially accountable to one or more governmental units that is, it is required - it does not just volunteer - to report to governmental units (at least annually) information comparable to that required on Form 990, and is subject to financial audit by the governmental units to which it reports--not just under a government grant or other contract).
Worldwide is the umbrella corporation of Affiliated
Media Group, Affiliated
Broadcasting, and Affiliated
Real Estate and Development.
subsidiaries wholly owned by two or more foreign corporations with a common parent corporation will also be considered members of an affiliated
group and thus one taxpayer for purposes of the earnings stripping provisions.
However, some firms were acquiring necessary voting power while much, if not most, of the value of the stock was in the hands of individuals or entities that were not part of the affiliated
The first group of affiliates to benefit from this offering are those Newsource stations affiliated
with Internet Broadcasting Systems, Inc.
Over 150 broadcasters including broadcasters affiliated
with the nation's major networks such as ABC (NYSE:DIS), NBC (NYSE:GE), FOX (NYSE:FOX), Paramount (NYSE:VIA) and Warner Brothers (NYSE:TWX), have now registered .
com, which also operates its own independent "Affiliate Network" program from its site, is quickly building a larger base of affiliated
web sites through Commission Junction.
The "Giggles for Charity Challenge" is an in-store promotion held at participating Affiliated
Foods Southwest stores from May 2 through May 29, 1999.