Each case has to be analyzed individually, and the court must be open minded and listen to both sides and decide whether there are valid objections or reasons not to
bifurcate.
The open question is whether Treasury will accept the congressional invitation to
bifurcate.
According to television reports, at least 14 Congress ministers and 30 legislators are likely to resign in Andhra Pradesh over the central government's decision to
bifurcate the state.
The proposed regulations contradicted the normal approach of permitting a person who was both a general and limited partner to
bifurcate his distributive share of LLC income and exclude the limited partner interest portion from SE tax.
I think it is absolutely necessary to
bifurcate any plan and announce now where the short-term investments in transportation will be made," Mosler said.
The regulations appear to
bifurcate the transaction, and provide that gain from the sale or exchange of property arises to the extent that the property's fair market value (FMV) exceeds its basis and debt discharge income arises to the extent of the excess of the debt over the FMV.
