Tax

Tag: GU

  • Guaranteed Payments

    The Guaranteed Payments are. payments to a partner by a partnership that are determined without regard to partnership income and are for the use of that partner's capital. Former Tax Regulation (check if this Reg. is current here) §1.707-4(a)(l)(i). Description and Definition of […]

  • Guarantor

    About Guarantor: GUARANTOR a person who guarantees, endorses, or provides indemnity agreements with respect to debts owed to others. Any losses are deductible when sustained….

  • Guardianship Expenses

    Guardianship Expenses are. deductible expenses for the services of a minor's guardian. Former Tax Regulation (check if this Reg. is current here) §1.212-l(j)….

  • Guideline Lives

    Guideline Lives means:the depreciable lives for buildings and equipment used in trade or business; generally applied to assets bought before 1981. The accelerated cost recovery system applies to depreciable assets bought in 1981-1986; the modified accelerated cost recovery system to purchases af…

  • Guaranteed Annuity Interest

    Guaranteed Annuity Interest means:the right to receive a determinable amount for a specified term or for the life or lives of an individual or individuals, each of whom must be living at the date of the gift. The amount must be paid at least annually….