Examlex
If a taxpayer purchases a business and the price exceeds the fair market value of the listed assets, how is the excess allocated among the purchased assets?
Diesel Particulate Filter (DPF)
A component in diesel engine exhaust systems that captures and stores exhaust soot to reduce emissions of particulate matter.
OEMs
Original Equipment Manufacturers; companies that produce parts and equipment that may be marketed by another manufacturer.
Aftermarket Diesel Fuel Conditioners
Products added to diesel fuel to improve engine performance, fuel efficiency, and reduce emissions.
OOS Criteria
Stands for Out Of Service Criteria, which are regulations determining when a vehicle or component is considered unsafe and must be removed from service.
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