Examlex
The doctrine ensures that the acquiring corporation cannot immediately sell the target corporation's assets it receives in the reorganization. The doctrine also prevents transactions that appear to be sales from qualifying as nontaxable reorganizations.
Budget-gaming Problem
A situation in budgeting where individuals or departments manipulate figures or withhold information to secure budgetary advantages.
Compensation Schedule
A structured plan that outlines the timing and amounts of payments for work performed, damages, or other compensations.
Straight Line Pay
A compensation plan where employees are paid a fixed salary or wage that does not vary based on performance or sales.
Budget Target
A financial planning goal that aims to manage expenses within predefined limits.
Q3: In a "Type B" reorganization, the acquiring
Q11: Gains and losses are recognized by the
Q22: Maria owns a 60% interest in the
Q31: As a general rule, a liquidating corporation
Q79: A shareholder transfers a capital asset to
Q90: At the beginning of the tax year,
Q108: When the parent acquires 51% of a
Q115: Gold and Bronze elect to form a
Q116: Income of foreign person taxed through filing
Q127: A joint venture subject to income tax