Tax status election

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Tax status election

The decision of the status under which to file a tax return. For example, a corporation may file as a C corporation or an S corporation.

Tax Status Election

The decision by a person or company about one's filing status. For example, a married person may file jointly with, or separately from, his/her spouse. Likewise, a company often may file as an S corporation or a C corporation. One makes a tax status election depending on one's circumstances and the filing status that is most advantageous.
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Execution by an unauthorized individual can potentially produce a host of unintended and unfortunate consequences, including: invalidating an entire return, (1) jeopardizing closing agreements and other settlements, (2) nullifying a tax election, (3) and triggering penalties.
TSX: G, NYSE: GG) announced today that it has extended the deadline for former shareholders of Probe Mines ("Probe") to file tax election forms to August 31, 2015.
Manulife Investments, a division of Manulife Asset Management Limited, today announced that it will provide its investors who are US taxpayers, with information to allow them the option to make a special tax election, the Qualified Electing Fund (QEF) election, when filing their US tax return for 2014.
W-8 series form with proper tax election verbiage; 2.
From the standpoint of the taxpayer, a tax election offers flexibility and the potential to decrease her tax liability, but also requires her to invest resources in understanding the election.
Of course, the question about the relationship between a taxpayer's state-level tax election and the taxpayer's federal-level tax election could be addressed by federal, rather than state, legislators.
At the time, the company believed that a tax election might be available to the company that would result in a taxable gain on the transfer of these properties to the REIT," the proxy states.
For the dividend payment to qualify for tax-free distribution, the appropriate tax election forms and directors' resolutions must be filed with the Canada Revenue Agency before the dividends are declared payable from the corporation.
HJR 14 won't affect the Eugene income tax election scheduled for May 17, and it wouldn't bring in any money
This year, officials scheduled their tax election on the presidential ballot, and 63.
Tax Election Permits Certain Married Co-Owners in Qualified Joint Ventures to File Schedules C Rather than Partnership Returns
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