903, 912-21 (1991) (finding, under section 44F prior to amendment in 1986, that the taxpayer's development and play-testing of adventure games and its evaluation of metals, paints, and glues for use in such games did not qualify
for the credit because the activities were not scientific or technological).
It noted that the will did not refer to the estate tax marital deduction, and no other specific statement evidenced intent to qualify
the trust for the marital deduction.
Thereafter, the loan must qualify
as home equity debt or home acquisition debt.
To avoid misunderstanding, we recommend that the example be revised to state expressly that the adjustments (or modifications) to the process did not change the basic design specifications of the process; consequently, they did not separately qualify
The spouse will automatically qualify
for favorable options not available to the other beneficiaries (such as a rollover to her own IRA account).
In order to qualify
for inclusion in the Global Government Bond Index II, a country: (i) must be an OECD member; (ii) must have an investment grade foreign currency long term debt sovereign composite rating; (iii) must have $50 billion (USD equivalent) in outstanding face value of Index-qualifying debt upon entry into the Index; (iv) must have at least $25 billion (USD equivalent) in outstanding face value of index-qualifying debt in order to remain in the Index; (v) must be available to foreign investors; and (vi) must have at least one readily available, transparent price source for its securities independent of Merrill Lynch.
Even if a plan mainly benefits a select group of management or highly compensated employees, it must be unfunded to qualify
as a top-hat plan.
To counter this, the Qualify
score helps lenders suppress both non-responders and prospects unlikely to be approved from their customer acquisition campaigns.
Under these circumstances, if J elects to treat debt 1 as not secured by a qualified residence, the interest remains frilly deductible, and all of debt 2 will qualify
as home-equity debt, fully deductible as QRI; see Exhibit 1 on p.
as "low-income," a family must have an income of no more than 175% of the poverty level in Massachusetts.
Separate rules determine which expenses qualify
for these credits and how to calculate the base period and respective incremental amounts.
Issue: Do these reimbursements qualify
as educational assistance under the company's qualified EAP?