Under these circumstances
, the fund will recognize the asset in its statement of financial position and as contribution revenue in its statement of activities.
The court further considered the totality of the circumstances
surrounding the search and found the defendant had not given voluntary consent for the dog to enter the van.
These provisions allowed for adjustments to conform to what "would have been reasonable in the circumstances
if the non-resident person and the taxpayer had been dealing at arm's length.
the conditions in which someone lives <"When the Lord puts us in certain circumstances
He doesn't mean for us to imagine them away.
In "The Web of Circumstance
," Chesnutt explores in minute detail the repercussions that occur when black people such as Davis begin to accumulate wealth.
A taxpayer's primary reason for the sale or exchange is deemed to be unforeseen circumstances
if one of the following safe harbors occurs during the taxpayer's ownership and use of the property:
The very broad nature of what constitutes a statement, in turn, means that any "false" statement, which includes an omission or failure to act, of an employee that "could be used by or on behalf of the other person [the corporation] for a purpose of the Act" will potentially give rise to a penalty where the false statement is made either knowingly or under circumstances
amounting to "culpable conduct.
This is determined by a "reasonable person" standard--would a reasonable person in similar circumstances
have known of the item of community income.
A partial exclusion of gain on the sale of a principal residence may be available for taxpayers who fail the two-out-of-five year ownership and use rule or the one-sale-every-two year rule because of a "forced" sale caused by a change in place of employment, health or, to the extent provided in regulations, unforeseen circumstances