stating that the taxpayer's loss from the sale of a foreign subsidiary would ordinarily
give rise to foreign-source dividend income and, therefore, the taxpayer's loss on the disposition of its foreign subsidiary's stock constitutes a foreign-source loss.
The bursts of atrazine exceeded what would ordinarily
occur downstream of any farm, Davis notes.
tax perspective, this generally is undesirable; ordinarily
the S shareholders will not receive an FTC for foreign taxes paid by the subsidiary.
1041 (a) explicitly shields from recognition only gain (or loss) that ordinarily
would be recognized on a sale or exchange or property, various other provisions respect the "step into the shoes" nature of property settlements.
Glass can't ordinarily
be magnetized, but the Utah experiment shows that the metal rubidium, which is needed within the container as the gas is being aligned, somehow enables the glass to become magnetic.
Amounts designated as points that are paid in lieu of amounts ordinarily
stated separately on the settlement statement (such as appraisal fees, inspection fees, title fees, attorney fees property taxes and mortgage insurance premiums) are not deductible as points.
, water drops dribble like tears down a slanting surface, or they simply get stuck.
, the polymer glows green under ultraviolet radiation.
, a material that is magnetic stays that way.