When an affiliated
group member borrows funds from a related affiliate and invests them directly in exempt obligations, Sec.
This result would be accomplished by according the contractor a tax deduction for such payments only if the affiliated
company files a Maryland income tax return and pays Maryland income tax under a formula reasonably apportioning the affiliated
company's income to Maryland.
The purpose of this requirement was to prevent a section 20 subsidiary from being able to leverage itself more than, and gain a competitive advantage over, its independent competitors by trading on the reputation of its affiliated
Following the most recent statewide conference, a group of consumers started meeting to develop a statewide organization for persons with deaf-blindness to be affiliated
with the American Association of the Deaf-Blind (AADB).
The exact fraction of a share of Times Stock to be exchanged for each Affiliated
share will be determined by dividing $15.
investment management firms managed over US $241 billion in assets at December 31, 2006.
Alternatively, an organization that has not received such a ruling or determination from the Service would be treated as an "affiliate of a governmental unit" if, based on all the relevant facts and circumstances (and factors listed in this announcement), the IRS determines that: * The organization is closely affiliated
with one or more governmental units; and * The organization's filing of Form 990 is not otherwise necessary to the efficient administration of the Internal Revenue laws.
Advertising, Florida's fastest growing agency, is a full service advertising agency that works with numerous accounts that include national retail chains, national restaurant chains, national infomercial accounts and several car dealers, among others.
subsidiaries wholly owned by a foreign corporation would not appear to be members of an affiliated
group, and thus require the earnings stripping rules to be applied on a separate company basis.
Pro forma for its pending investment in Chicago Equity Partners, AMG's affiliated
investment management firms managed $222 billion in assets at September 30, 2006.
Disaffiliation also can involve a profitable corporation becoming part of an affiliated
group that has substantial loss carryforwards.
Included in Sun Capital's portfolio of 57 affiliated
portfolio companies are other furniture industry businesses such as Lexington Home Brands, a leading marketer and manufacturer of upscale branded home furnishings; Wickes Furniture, a leading U.