Includible corporation definition
WebThe Act defines a public benefit corporation as a corporation that is recognized as exempt under section 501(c)(3) or that must distribute all of its assets at liquidation to a 501(c)(3) organization. Act § 4. The State franchise tax exempts “corporations not organized for profit.” Statute § 1. WebIncludible Corporation means, with respect to any entity, any corporation that is a subsidiary of such entity and that now or in the future qualifies under Section 1501 et seq. of the Code as an includible corporation of an affiliated group of corporations of which such entity is the parent. Sample 1 Sample 2 Sample 3 Based on 11 documents
Includible corporation definition
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WebDefine Includible Corporation. means, with respect to any entity, any corporation that is a subsidiary of such entity and that now or in the future qualifies under Section 1501 et … http://taxtaxtax.com/consol/guide/CTR-Study2.asp
WebDefinition of includible in the Definitions.net dictionary. Meaning of includible. What does includible mean? Information and translations of includible in the most comprehensive …
WebIncludible Compensation means, for the Employee’s Taxable Year, the Employee’s total Compensation within the meaning of Code § 415 (c) (3) paid to an Employee for services … Web1 : to take in or comprise as a part of a whole or group 2 : to contain between or within two sides and the included angle 3 : to shut up : enclose includable adjective or includible in …
WebAs used in this chapter, the term “includible corporation" means any corporation except— I.R.C. § 1504 (b) (1) — Corporations exempt from taxation under section 501. I.R.C. § …
WebFor inclusion events involving partnerships and S corporations, the rule defines the amount includible as the percentage of the qualifying QOF partnership or QOF S corporation disposed of, multiplied by the lesser of (1) the remaining deferred gain less the five-year and seven-year basis adjustments; or (2) the gain that the partner or … how are algae helpful to peopleWebThe definition will satisfy IRC Section 414 (s) if it (i) does not by design favor highly compensated employees, (ii) is reasonable within the meaning of Reg. Section 1.414 (s)-1 (d) (2), and (iii) satisfies the nondiscrimination requirement set … how are aliens madeWebAn “applicable corporation” subject to the BMT for a tax year is a corporation (other than an S corporation, regulated investment company, or real estate investment trust) that meets … how many legs does a termite haveWebOct 27, 2024 · A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corporations. Limited … how many legs does a weaver haveWebMay 15, 2013 · An “organization” means a sole proprietorship, partnership, corporation or any other type of entity regardless of its ownership format.In addition, constructive ownership, or attribution, rules apply for purposes of determining whether a group of organizations is an affiliated service group under Code section 414 (m). how are algal blooms createdWeb(b) Definition of “includible corporation” As used in this chapter, the term “includible corporation” means any corporation except— (1) Corporations exempt from taxation … how a realist hero rebuilt the kingdom ep 11Webremuneration includible in the income of, or paid to, a person other than the covered employee. • Publicly Held Corporation Prior to the passage of the Act, section 162(m) defined the term “publicly held corporation” as any corporation issuing any class of common equity securities required to be registered under section 12 of the Exchange ... how many legs does insects have