The Federal Circuit reasoned that the regulations require that reconstructed cost be established to the IRS's satisfaction, and that the LIFO method cannot be used to postpone the realization of gains associated with the bargain
purchase of inventory, pursuant to Kohler Co.
From a great rate on a credit card to a rock-bottom price on an overseas vacation, here are some strategies for smart shoppers determined to bag the better bargain
The Board contended that the ruling conformed with a requirement imposed by the Congress in 1974 when it extended to employees of nonprofit health care facilities the right to bargain
on wages and benefits.
These policies can effectively take the bat out of a school board's hand, sometimes imposing mandatory settlement terms on even those boards willing to drive a hard bargain
You have to consider who is in the store on that Black Friday: bargain
hunters,'' said Ralph Tribbey, editor of DVD Release Report, an industry newsletter.
351 transaction retained its bargain
-purchase attribute (despite the fact that the actual goods transferred were not the physical goods acquired by the transferor in the bargain
This position enabled the Claims Court to adhere to the analysis in Kohler (to which the court was bound by precedent but disagreed), but allowed the taxpayer to permanently avoid taxation of the bargain
element in the purchase.