Examlex
A distribution can be "proportionate" (as defined for purposes of Subchapter K) even if only one partner receives assets from the partnership.
Force Act
1833 legislation, sparked by the nullification crisis in South Carolina, that authorized the president’s use of the army to compel states to comply with federal law.
Roger Taney
An American jurist who served as the fifth Chief Justice of the United States, known for delivering the majority opinion in the Dred Scott v. Sandford case, which ruled that African Americans could not be American citizens.
Bank of the United States
Proposed by the first secretary of the treasury, Alexander Hamilton, the bank that opened in 1791 and operated until 1811 to issue a uniform currency, make business loans, and collect tax monies. The Second Bank of the United States was chartered in 1816 but President Andrew Jackson vetoed the recharter bill in 1832.
Q21: Ruth transfers property worth $200,000 (basis of
Q32: Dawn,a sole proprietor,was engaged in a service
Q38: Penalties paid to state government for failure
Q56: Hope,Inc. ,an exempt organization,owns a factory building
Q61: Obtaining a positive letter ruling from the
Q114: § 501(c)(4) civic league
Q117: In determining a corporation's taxable income for
Q118: Hill Corporation is subject to tax only
Q152: Which statement is incorrect?<br>A)S corporations are treated
Q154: A corporation that distributes a property dividend