70) As to reportable transactions, the penalty can be rescinded by the FTB Chief Counsel, but only if (1) the taxpayer on whom the penalty is imposed has a history of complying with the California income and franchise tax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.
I urge other insurers to also accelerate the Affordable Care Act's deadline for ending this practice and stop rescinding
patients' policies immediately.
The AJCA provides that, notwithstanding any other provision, any IRS determination on rescinding
the penalty may not be reviewed in any judicial proceeding.
Therefore, we are rescinding
these cleanup calls, and will eliminate the cleanup call provision on all our MBS.
Surprised by the trading of first baseman Eric Karros and second baseman Mark Grudzielanek and excited about the signing of free agent Fred McGriff, Dodgers left fielder Brian Jordan told the club last week he was rescinding
his trade demand.
An agreement effectively rescinding
the Share Exchange Agreement is to be negotiated between the parties immediately.
Supreme Court upheld a federal court ruling that city officials violated Philip Young's First Amendment rights by granting, then rescinding
, a permit for him to lease space on Los Angeles Avenue.
over the past few months a total of 4,800,000 options from five directors, three of whom also are key employees, the Company has agreed to issue 350,000 new options to each of the three key employees, with these options being exercisable in specified portions only if certain criteria concerning revenues, earnings and/or market price of the company's stock are met.
The abrupt delay - after Ferraro had written to council members and urged them to act quickly in rescinding
the contract with Nederlander Corp.
Americom executed a rescission agreement between it and Typereader in connection with the July 2, 1999, agreement rescinding
its relationship with Typereader (&uot;Rescission Agreement&uot;).
Nederlander attorney Adam Burke of Iverson, Yoakum, Papiano & Hatch said his client is prepared to go to court Wednesday to seek a temporary restraining order to keep the city from rescinding
the contract on grounds the petition was illegally circulated and the signatures obtained under false pretenses.
BUSINESS WIRE)--June 10, 1996--CLI (OTC BB: CGLB) reached an agreement to repurchase 16 million shares of its common stock by rescinding