Despite the fact that it took effect in 2000, the Reclassification Rule was not challenged in court until 2013.
(29) The court looked to the language of the statute authorizing hospitals to seek reclassification, as well as the legislative history.
The Railroad Commission can also initiate a reclassification
itself, if production data shows a change is appropriate.
Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications
of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No.
Typically, institutional investors are restricted to investing in developed and emerging markets, so the reclassification
highlights the entry of a new class of investors into the domestic market.
It has done so with help from savvy lobbyist Ozzie Rose, who made a curious transition to lobbyist from his earlier role as a mediator hired last year by Castillo in a futile effort to resolve the reclassification
* Gross or net of reclassification
adjustments, except for the minimum pension liability adjustment which is always shown net of any reclassification
Some say the reclassification
trend underscores their argument that the tax break is no longer needed to spur more gas drilling.
of an asset depreciated under MACRS might not follow the original intent of Regs.
A public entity under audit by the IRS is a taxpayer involved in an employment tax status controversy with the IRS as a result of the IRS's proposed reclassification