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Flow-through basis |
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Flow-through basis An account for an investment credit to show all income statement benefits of the credit in the year of acquisition, rather than spreading them over the life of the asset. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| However, if a foreign corporation is treated as a flow-through entity for foreign tax purposes and claims treaty benefits on a flow-through basis, it would have to pass the documentation for its owners through to the U. For tax purposes, the 1,600,000 common shares were issued on a flow-through basis, which will result in Signet Energy renouncing C$1. The Company previously announced, on October 28, 2005, a proposed non-brokered private placement financing of up to $800,000 comprising the sale of up to 1,600,000 Units, to be sold on a flow-through basis at $0. |
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Flow-through basis
