Transfers of development rights are a useful tool when an underbuilt lot--a lot that does not use all of its permitted
FAR--can transfer that development potential to another lot.
This notice provides guidance by specifying parameters for a company's domestic reinvestment plan and clarifying what constitutes a permitted
Although the Institute has recommended that plan sponsors be permitted
to offer only a lump-sum distribution, this proposal represents a reasonable compromise.
(Note the distinction between the transfer of a target's stock after a stock reorganization to a partnership (not permitted
) and a transfer of the target's assets after an asset reorganization to a partnership (permitted
).) Implicit in the entire regulation is the fact that the transfer of assets to a partnership after an A or a C reorganization is now permitted
, even though no such transfer is described in Sec.
At the federal level, the Office of the Comptroller of the Currency has proposed a process to allow national bank subsidiaries to conduct activities not permitted
for the bank.
Insurance companies prepare their statutory financial statements using accounting practices "prescribed or permitted
by the insurance department of the state of domicile" (see the sidebar, page 108).
At heart, these questions come down to two factors: the risk of harm the permitted
activity poses, and the level of burden the transaction costs of a general- or specific-permitting program impose on the regulated parties and the agency.
Buildings inspectors do not rely solely on the permit posted at a job site to determine if the work is validly permitted
but may also validate permit-information directly in the BIS system.
98-22 states that a plan is permitted
to use the highest rate earned by the plan for a particular year so long as most of the participants receiving the corrective allocation are not highly compensated employees.
1.471-5); the "farm price method" or the "unit-livestock-price method" (but only if the taxpayer is a farmer permitted
to use such methods); or the retail method, reduced to either approximates cost or approximate cost or market.
An important provision allows some changes at a facility with only seven days prior notification to the state so long as the annual allowable permitted
emissions rate from the entire facility does not increase.
By providing an analysis of zoning, building codes, and fire ordinances, the architect can advise as to uses and the type of building construction permitted
. You might be aware that no two municipal zoning requirements are the same.