Examlex
A gain will only arise on a distribution of cash that exceeds the partner's basis in the partnership interest.For this purpose, only cash, checks, and credit card charges are treated as cash.
Diaphragm
A dome-shaped, muscular partition separating the thorax from the abdomen in mammals, playing a major role in breathing by contracting and expanding the lungs.
Bronchi
The large air passages that lead from the trachea (windpipe) into the lungs and become smaller tubes within the lungs called bronchioles.
Trachea
A large membranous tube reinforced by rings of cartilage, extending from the larynx to the bronchial tubes, conveying air to and from the lungs.
Chronic Lower
A phrase potentially missing context but may refer to sustained low-level conditions or symptoms in a health context.
Q5: The related-party loss limitation does not apply
Q10: In a § 351 transaction, if a
Q12: Rachel owns 100% of the stock of
Q65: The built-in loss limitation in a complete
Q68: In most states, a taxpayer's income is
Q71: Typically exempt from the sales/use tax base
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Q109: In some states, an S corporation must
Q119: Maria and Christopher each own 50% of
Q121: If the partnership properly makes an election