If at Least 50% of the Aggregate Basis of All

question 59

True/False

If at least 50% of the aggregate basis of all new personal property for the tax year is placed in service during the last three months of the year,the mid-quarter convention is required.

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Definitions:

Collective Bargaining Rights

The legally protected right of workers to negotiate their wages, hours, and working conditions with their employer through unions.

Wright Line Test

A legal standard used in US labor law, determining if an employer's action was motivated by anti-union animus.

Union Activity

Refers to the actions and endeavors undertaken by trade unions to represent and protect the interests of their members, including collective bargaining, strikes, and advocacy.

Retaliated

Acted against someone in response to a perceived wrong; often involves punitive actions in a conflict or dispute.