entity


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entity

A legally created person as opposed to a natural person.May include corporations,partnerships, limited liability companies, associations, joint ventures, real estate investment trusts (REITs), and traditional trusts.

References in periodicals archive ?
nuclear technology and material for diversion to military uses in China," BIS said in a Federal Register notice announcing the additions to the Entity List.
It is important to note that this proposed ASU would not apply to an entity whose purpose, upon completion of development, is to use real estate holdings for its own production or to use the holdings for supply of goods, services, for the entity's administrative purposes, or for sales in the ordinary course of business.
A newly formed domestic eligible entity that does not file a classification election will be classified as a partnership (if it has two or more members) or a disregarded entity (if it has only one owner) (Regs.
On March 11, 2010, the Boards reached a key milestone in their joint conceptual framework project when they issued an exposure draft (ED) on the concept of a reporting entity. The ED defines a reporting entity and states the related principles on which the Boards intend to rely in the future.
A reporting entity filing consolidated financial statements must consider the tax positions of all entities within the consolidated group, regardless of the tax status of the reporting entity.
The entity could be added to the existing policy though an endorsement, which would provide appropriate insurance protection for both the transferor as occupant of the house and the trust or LLC as owner under the same policy.
But courts still might find that such representations appear to convey the authority of the members to transact the umbrella entity's business.
Adding to the complexity is variation in how vesting is treated when an employee switches from one governmental entity to another.
One of the consequences of the shifting investment landscape has been the rapid growth of a new kind of business--professional entity-management firms that help companies and individuals identify the most suitable jurisdictions and ownership structures for their investments and then handle the paperwork, fees and other details of forming and maintaining such entity structures.
One attraction to such an initiative is that it can be a win-win-win situation among the government, the inventor, and the commercial entity. Based upon the financial success of the technology being licensed, all three parties stand to gain.
[section] 1.1503-2(g)(2)(vi)(C) provides that annual certifications are not required with respect to a DCL of any separate unit other than a hybrid entity separate unit.
The Act also defines Hybrid Entities like universities with teaching hospitals or employee health plans managed in-house, where a part of the entity may fall under HIPAA regulations.