On May 15, 2006, the IRS issued a clarification (68) of Chief Counsel Advice (CCA) 200524001, (69) stating that a sole S shareholder
cannot claim the 100% above-the-fine deduction for self-employed health insurance premiums if the policy is purchased in the shareholder
She cites big-name companies that have responded to shareholder
pressure to reform on these issues, including Lucent Technologies, Merck & Co., Safeway Inc., Whole Foods Market IP, L.P., Xcel Energy Inc., First Energy Corp., Gerber Products Company, 3M Corp., Altria Group Inc., Arden Realty Inc., Goodyear Tire & Rubber Co., Delta Air Lines and Eastman Kodak Co.
It lets business partners, or shareholders
and a corporation, agree to the terms and conditions of a future sale.
' income for personal use of the aircrafts was offset by the deductions for the aircrafts' expenses and depreciation flowing through to shareholders
from their S corp's tax return.
Monks and other shareholder
advocates scoff at such arguments, seeing them as an indication that CEOs are out of touch with the public mood.
* What attempt, if any, was made to contact the shareholders
to retrieve their actual basis data?
have a responsibility to read and vote their proxy, but the process can be overwhelming," says Henningsen.
"The idea was to expose these shareholders
to the benefits of being a partial owner of a company," says Gail Perry-Mason, the trip's organizer and vice president of investments at First of Michigan.
There was a shareholder
campaign underway that appeared to have some momentum, and people were also getting some sense of the significance that the shareholder
access proposal at the SEC [Securities and Exchange Commission] was having.
A partner or S corp shareholder
makes this election by:
However, the KIC would no longer need to furnish its shareholders
with country-by-country information.
last week voted to approve one of the most divisive real estate mergers in recent history when they gave their approval to a $4 billion takeover by SL Green.