The
disallowed expense is generally the amount paid.
Manchester City's Bernardo Silva disputes his
disallowed goal against Cardiff City
The commission said similar bonuses were also
disallowed in 2002 and 2004.
It is generally consistent with the method for determining the character of a shareholder's losses and deductions under section 1366(d): It is allocated to each shareholder in the proportionate amount of each item of the shareholder's loss or deduction that is
disallowed under section 1366(d)(1).
The Board of Tax Appeals ruled that a KEIT that owned real property in the state was allowed dividends-paid deductions (DPD) pursuant to Federal conformity statutes that do not specifically
disallow IRC Sec.
24402 dividend deduction should be
disallowed for all taxpayers.
it retained the present investment adjustment rules but
disallowed any loss on the disposition by P of its S stock on or after March 9, 1990.
Second, this equal-treatment rationale suggests that tenant-shareholders' real estate tax deductions should be
disallowed for AMT purposes, just like those of homeowners.
274(a)(1)(A) generally
disallows deductions for entertainment, amusement or recreation unless directly related to, or associated with (under certain conditions), the active conduct of the taxpayer's trade or business.
274(e), as amended, provides that the deduction of unreimbursed company expenses related to the personal entertainment of "specified individuals" is
disallowed to the extent that they exceed the amount treated as compensation to such specified individuals.
The IRS
disallowed these losses claiming the rental activities were passive and Mrs.
274(e)(2) and (9) specifically
disallow expenses related to entertainment facilities to the extent "specified individuals" do not recognize the related income.