Common use of Reimbursed Clause in Contracts

Reimbursed. A taxpayer may, for a fee, seek advice from the Internal Revenue Service (IRS) as to the proper tax treatment of a transaction. This is called a private letter ruling. Also, the IRS may publish a revenue ruling, which is an official interpretation by the IRS of the Internal Revenue Code, related statutes, tax treaties, and regulations. A revenue ruling is the conclusion of the IRS on how the law is applied to a specific set of facts. For questions relating to the interpretation of the IRS regulations go to ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/help/tax-law-questions. (End of clause) 52.232-5 PAYMENTS UNDER FIXED-PRICE CONSTRUCTION CONTRACTS (MAY 2014)

Reimbursed. A taxpayer may, for a fee, seek advice from the Internal Revenue Service (IRS) as to the proper tax treatment of a transaction. This is called a private letter ruling. Also, the IRS may publish a revenue ruling, which is an official interpretation by the IRS of the Internal Revenue Code, related statutes, tax treaties, and regulations. A revenue ruling is the conclusion of the IRS on how the law is applied to a specific set of facts. For questions relating to the interpretation of the IRS regulations go to ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/help/tax-law-questions. (End of clause) 52.232252.204-5 PAYMENTS UNDER FIXED-PRICE CONSTRUCTION CONTRACTS 7012 SAFEGUARDING COVERED DEFENSE INFORMATION AND CYBER INCIDENT REPORTING (MAY 2014DEC 2019)

Reimbursed. A taxpayer may, for a fee, seek advice from the Internal Revenue Service (IRS) as to the proper tax treatment of a transaction. This is called a private letter ruling. Also, the IRS may publish a revenue ruling, which is an official interpretation by the IRS of the Internal Revenue Code, related statutes, tax treaties, and regulations. A revenue ruling is the conclusion of the IRS on how the law is applied to a specific set of facts. For questions relating to the interpretation of the IRS regulations go to ▇▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/help/tax-law-questions. (End of clause) 52.23252.246-5 PAYMENTS UNDER FIXED-PRICE CONSTRUCTION CONTRACTS 26 REPORTING NONCONFORMING ITEMS (MAY 2014JUN 2020)