Includible corporation definition
Webaffiliated group as one or more chains of includible corporations connected through stock ownership with a common parent corporation. Section 1504(b)(1) provides that the term ⌠Web(1) the possession or enjoyment of, or the right to the income from, the property, or (2) the right, either alone or in conjunction with any person, to designate the persons who shall possess or enjoy the property or the income therefrom. (b) Voting rights (1) In general
Includible corporation definition
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WebNov 5, 1990 ¡ (b) Definition of "includible corporation" As used in this chapter, the term "includible corporation" means any corporation exceptâ (1) Corporations exempt from ⌠Webincludible corporation. As used in this chapter, the term âincludible corporationâ means any corporation exceptâ.
WebAs used in this chapter, the term âincludible corporation" means any corporation exceptâ I.R.C. § 1504 (b) (1) â Corporations exempt from taxation under section 501. I.R.C. § ⌠WebApr 28, 2024 ¡ An includible company, defined by tax law, is any corporation except for certain insurance companies, foreign corporations, tax-exempt corporations, regulated âŚ
WebA comprehensive Federal, State & International tax resource that you can trust to provide you with answers to your most important tax questions. WebFeb 21, 2024 ¡ A participantâs âincludible compensationâ is often used to determine employer contributions to a 403 (b) plan. This is because includible compensation is used when âŚ
WebIncludible Corporation means, with respect to any entity, any corporation that is a subsidiary of such entity and that now or in the future qualifies under Section 1501 et seq. of the Code as an includible corporation of an affiliated group of corporations of which such entity is the parent. Sample 1 Sample 2 Sample 3 Based on 11 documents
WebIncludible corporations consist of most domestic corporations and certain foreign corporations. Entities that cannot file consolidated returns include: (1) tax-exempt ⌠dewberry fashionWeb1. To contain or take in as a part, element, or member. 2. To consider as part of or allow into a group or class: thanked the host for including us. [Middle English includen, from Latin ⌠church of st peter on the wallWebIf the corporation is designated as the owner and irrevocable beneficiary of any life insurance policy used to fund the buy-sell agreement, the death benefit from the policy is not includible in the decedent shareholder's gross estate. A buy-sell agreement need not be funded with life insurance or property. dewberry fragranceWebThe Act defines a public benefit corporation as a corporation that is recognized as exempt under section 501(c)(3) or that must distribute all of its assets at liquidation to a 501(c)(3) organization. Act § 4. The State franchise tax exempts âcorporations not organized for profit.â Statute § 1. church of st philip litchfieldWebFor inclusion events involving partnerships and S corporations, the rule defines the amount includible as the percentage of the qualifying QOF partnership or QOF S corporation disposed of, multiplied by the lesser of (1) the remaining deferred gain less the five-year and seven-year basis adjustments; or (2) the gain that the partner or ⌠dewberry filtryWebOct 27, 2024 ¡ A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corporations. Limited ⌠dewberry foundationWeb(b) Definition of âincludible corporationâ As used in this chapter, the term âincludible corporationâ means any corporation exceptâ (1) Corporations exempt from taxation ⌠dewberry firm