70) As to reportable transactions, the penalty can be rescinded
by the FTB Chief Counsel, but only if (1) the taxpayer on whom the penalty is imposed has a history of complying with the California income and franchise tax laws; (2) it is shown that the violation is due to an unintentional mistake of fact; (3) imposing the penalty would be against equity and good conscience; and (4) rescinding the penalty would promote compliance with the tax laws and effective tax administration.
Using a sample of 39 companies that rescinded
their stock repurchase plans between November 1995 and June 1998 to preserve pooling treatment, we compared the costs and benefits of pooling vs.
At the same time, ACA's legislative council, Dave Gray, contacted camps in Vermont to build support for having Vermont Senators Leahy and Jeffords intercede on camps' behalf to have the regulation rescinded
Sources at both Novacor and BASF confirm they have rescinded
their increase announcement.
But he said previously that if the ordinance is found to be unconstitutional, it should be rescinded
The penalty can be rescinded
or abated for reportable transactions in exceptional circumstances.
The Army G-4 Publication Enrollment Notification System (PENS) is a web-based system that allows logisticians to request real time automatic notification when specific G-4 regulations or pamphlets have been changed or rescinded
In the TAM, the IRS required capitalization of the costs solely because for three years the land rested with the county as a consequence of the ultimately rescinded
12 /PRNewswire/ -- Innovative Gaming Corporation of America (Nasdaq: IGCA) today announced that it has received notification from the Wisconsin Gaming Commission that the commission has rescinded
its previous written acknowledgment of the approval of IGCA's Live Video Blackjack game.
Then, by mid-February, some PP producers rescinded
that increase, and prices fell back to December levels.
The Appellate Division, by a three to two decision, agreed with the purchaser and ordered the contract rescinded
and the down payment returned to him.
The lawsuit, filed in October, 2006, alleges that Blue Cross illegally rescinded
patients' health care insurance policies after the patients received services at California hospitals.