The corporation allocates
total workers' comp costs in proportion to the division's share of total lost days for the entire corporation.
According to the ILLS, the taxpayer was not using a burden rate method, because it did not allocate
costs to specific inventory items.
A donor therefore cannot allocate
GST exemption to a grantor retained annuity trust or qualified personal residence trust--where the trust property is included in her gross estate if she dies before her retained interest in the trust terminates--until the estate tax inclusion period ends (when the grantor dies, a generation-skipping transfer occurs with respect to the property, or the grantor's retained interest in the trust expires).
Under a traditional ESOP, an ESOP trust borrows money to buy stock, holds the stock as collateral in a suspense account and allocates
it over the term of the loan according to one of the formulas Treasury regulations permit.
the BIG or BIL to the contributing partner.
Finally, to allocate
tolerable misstatement amounts to the various account balances, the separate values outside the left margin were summed to 63 (5.8 + 13.4 + 9.8 + 9 + 9 + 8 + 8).
They generally allocate
this income to the state based on the proportion of the total number of working days employed in the state to the total number of working days employed both within and outside of the state.
However, there are several instances in which a transferor would not want to allocate
his or her GST exemption.
Method 1: Allocate
on the basis of activity-based costs.
Year 4: In year 4, Fats needs additional tax deductions; thus, the partners agree to allocate
80% of the depreciation deductions to Fats and 20% to Waller.
Such syndicators otherwise would have been precluded from recognizing fee income on services performed for the partnerships; rather, the syndicators would have been required to allocate
the costs of performing the services to the carrying amounts of their partnership interests.
In order to determine net foreign source income, the taxpayer must allocate
expenses between U.S.