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Claim |
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Claim. You file an insurance claim when you send your insurance company paperwork asking the company to pay for any of the expenses your policy covers. 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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Depreciation claimed or claimable for dual-use property reduces basis as a sec tion 1250 recapture. In the case of direct payments, it should have the same cap as the personal-use credit claimable by parents. A corporation that owns an interest in another commercially active corporation is deemed to be involved in the same commercial activity and thus, ITCs are claimable. |
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