ATC Corporation definition

ATC Corporation means the ATC Cor-
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Examples of ATC Corporation in a sentence

  • Moreover, Customs no longer assigns personnel dedicated to this task since manual filing has become so infrequent.By contrast, an ABI-enabled broker can file the entry at any time and secure the release of the shipment from Customs virtually 24 hours a day.

  • The proposed legislation would have prohibited the use of the Judgment Fund of the United States for satisfying the payment of any claims against the corporation, thus appearing to leave the corporation fully at risk for liabilities against it.In contrast, the Aviation Innovation, Reform, and Reauthorization Act of 2016 (H.R. 4441, 114th Congress) explicitly stated that the proposed ATC Corporation could sue or be sued and could be held liable under civil and criminal law.

  • While the bill sought to establish the ATC Corporation as a not-for-profit entity exempt from corporate taxes under the provisions of section 501(a) the Internal Revenue Code of 1986, this would not create any particular tax-related incentives for investors owning the corporation’s bonds.

  • See: Semiani-Bignardi, F., Ritenzione o no, Rivista di diritto processualle, 1962, p.

  • The commission also recommended reforms to eliminate redundant regulatory oversight.19 The ATC Corporation (2016)In February 2016, the House Transportation and Infrastructure Committee acted favorably on the Aviation Innovation, Reform, and Reauthorization Act of 2016 (H.R. 4441, 114th Congress).

  • This would presumably have allowed for the continued funding of FAA aviation safety programs, including safety oversight or airlines and other aircraft operators as well as safety oversight of the proposed ATC Corporation, included in its Operations and Maintenance portfolio.

  • Service Corporation Act (H.R. 1441, 104th Congress) would have specifically exempted the proposed USATS and interest on its debts from any state and local taxes, although the bill was silent with respect to federal taxes imposed on holders of the corporation’s debt.H.R. 4441 (114th Congress) included language specifying that any debt assumed by the proposed ATC Corporation would not have any implied or explicit backing or guarantee from the federal government.

  • AIRPORT STATUS REPORT • Federal / State Issues – Gateway to DCA Program • Congressman Letter sent – ATC Corporation proposal is dead.

  • This institutional arrangement, with the ATC Corporation providing air traffic control and the FAA being the safety overseer would also align the U.S. with ICAO recommendations on the need for the separation of the two functions With consultation with the Secretary of Transportation and certified labor organizations, employees would be transferred from the FAA to the corporation.

  • For instance, because delegation of a regulatory function such as air traffic control to a private entity is unconstitutional under the non-delegation doctrine,14 the Republican proposal requires the Secretary of Transportation to approve or disapprove numerous important decisions of the ATC Corporation.

Related to ATC Corporation

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Public corporation means the same as that term is defined in Section 63E-1-102.

  • School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;

  • Gas Corporation means the body corporate established by section 4 of the Gas Corporation Act 1994;

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • Foreign nonprofit corporation means an entity:

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:

  • Owners Corporation means the Owners’ corporation of the Lot and the Development incorporated and registered under the Building Management Ordinance (Cap.344);

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Foreign professional corporation means a professional corporation organized under laws other than the laws of this state.

  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Inverted domestic corporation means a foreign incorporated entity that meets the definition of an inverted domestic corporation under 6 U.S.C. 395(b), applied in accordance with the rules and definitions of 6 U.S.C. 395(c).

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Designated 423 Corporation means any Related Corporation selected by the Board to participate in the 423 Component.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;