Ratable


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Ratable

1. Describing a property of which an appraisal is possible. For example, a farm is a ratable property because its value is able to be assessed.

2. See: Taxable.
References in periodicals archive ?
Clearly, the ratable allocation rule prescribed in section 382(b)(3) for an ownership change that does not trigger an automatic closing of the year is a rule of administrative convenience.
Examples 2 and 3 demonstrate the differing results that may be obtained if a loss corporation elects a closing of the books rather than a daily ratable allocation.
382 limitation 200,000 Prechange income 1,000,000 Postchange loss (500,000) Taxable income--change year $ 500,000 Ratable Closing of allocation the books Prechange $ 250,000 $ 500,000 Postchange 250,000 0 Taxable income before NOL 500,000 500,000 NOL (350,000)(*) (500,000) Taxable income after NOL 150,000 0 NOL carryforward to 1996 (subject to Sec.
24) Instead, they simply stated that the transferor shareholders had dividend income to the extent of their ratable share of undistributed E&P.
Payment method with the recurring item exception: This method applies to taxpayers who have not elected the ratable accrual method but who have elected the recurring item exception.
Under the ratable revenue recognition model, the company expects fourth quarter 2000 revenue to be in the range of $4 million to $4.
The agreement expires on June 13, 2000, and is secured by a lien on most of the company's assets on an equal and ratable basis with the company's senior notes.
This project represents Solucorp's first remediation and profit-sharing contract associated with its Brownfields Redevelopment Program, and is designed to couple the long-term stability and cost-effectiveness of the Company's Molecular Bonding System (MBS(R)) with the necessity to remediate and reestablish a useful life for environmentally unsafe and non-tax ratable properties.
The SEC has not yet taken a position as to whether ratable recognition over the one year life of the membership is the appropriate method for the Company.
75 million shares of new common stock to bondholders in exchange for their allowed claims and $15 million in a new cash equity infusion, the payment of 15% of the allowed claims of general unsecured creditors (or a ratable share of $2.
Outside of the factory, this inventory is the largest independently owned ratable inventory for this particular aircraft in the world," said Chet Huffman, Vision's chief executive officer.
The service will be offered this spring to all insurance groups that have ratable securities.