Tag: AN

  • Antimirror Legislation

    Antimirror Legislation may have one of the following meanings, depending the context of the term: 1987 legislation attacking mirror transactions; the law repeals the stock aggregation regulation for purposes of the 80% distributee requirement for the nonrecognition of gain or loss on property distri…

  • Annual Gas Balancing Method

    Annual Gas Balancing Method means:a method requiring that there be an annual settlement of gas balances, and that all producers include all of the income from sales of gas. Former U.S. Treasury Department Proposed Regulation (check if this Prop. Reg…

  • Annuitant

    Annuitant means:a person who receives the benefits of an annuity….

  • Anticascading Rule

    Anticascading Rule means:a rule whereby the general lobbying disallowance rule can deny the deduction for lobbying expenses at only one level, not to multiple parties….

  • Annual Earnings

    Annual Earnings means:the amount of profit realized in a year. It should be noted that taxable income and the annual income indicated by financial statements may be significantly different. Schedule M is on corporate tax returns to reconcile the differences. See <a href="http://lawi.us/corporate…

  • Annualizing

    Annualizing means:the required method whereby a taxpayer changing from one tax year end (fiscal tax year) to a different tax-year end annualizes the income for the resulting intermediate short period for the purpose of calculating the income tax liability. In effect, this method calculates what …

  • Annual Report of Earnings

    Annual Report of Earnings means:the form mailed out each January by the Social Security Administration to persons who receive Social Security benefits. Recipients must specify on the form the amount of their outside earnings and file the form by April 15.Annual Report and California Tax…