368(a)(1)(A) purposes, a statutory merger or consolidation is a transaction effected pursuant to
the statute, and all of the assets (other than those distributed in the transaction) and liabilities of each member of one or more combining units (each a transferor unit) become the assets and liabilities of one or more members of one other combining unit (the transferee unit), and the combining entity of each transferor unit ceases its separate legal existence for all purposes.
RESOLVED: That as of the date hereof, the GASB, with respect to statements of governmental accounting standards adopted and issued in July 1984 and subsequently in accordance with its rules of procedure and the bylaws of the FAF, be, and hereby is, designated by the Council of the American Institute of Certified Public Accountants as the body to establish financial accounting principles for state and local governmental entities pursuant to
rule 203, and standards on disclosure of financial information for such entities outside financial statements in published financial reports containing financial statements under rule 202.
Any clients who currently hold title to community property as joint tenants should consider re-titling their property pursuant to
the new statute.
2) leasing personal or real property or acting as agent, brokerlm adviser in leasing such property pursuant to
1) A number of related provisions and conforming amendments were adopted at the same time, the cumulative effect of which is to revise substantially the conditions for obtaining a tax-free separation -- whether as a spin-off, split-off, or split-up(2) -- of one corporation from another pursuant to
2002-22, which provides guidance on the tax consequences when nonstatutory stock options and nonqualified deferred compensation are transferred between spouses pursuant to
a divorce or separation agreement.
Incentive stock options must be granted pursuant to
a plan approved by the shareholders of the corporation granting the options within 12 months before or after the date on which the plan is adopted.
The IAT programs do not qualify as agreements "in existence on March 24, 1983," the government argues, because they were set up in 1987 pursuant to
the settlement agreements among L, the steelworkers' union and the L retirees.
In Field Service Advice (FSA) 200005006, the IRS ruled that stock option transfers from a husband to his ex-wife pursuant to
a divorce resulted in compensation income for the husband when the options were transferred.