BBA definition
Examples of BBA in a sentence
If the Company makes the election under Code section 6226(a)(1), as amended by the BBA, the Company shall supply to each Member the statement required by Code section 6226(a)(2), as amended by the BBA, and any Regulations issued thereunder.
The Tax Matters Representative shall appoint an individual (the “Designated Individual”) meeting the requirements of Treasury Regulation Section 301.6223-1(c)(3) as the sole person authorized to represent the Tax Matters Representative in audits and other proceedings governed by the partnership audit procedures set forth in Subchapter C of Chapter 63 of the Code as amended by the BBA (the “Revised Partnership Audit Rules”).
The Chief Executive Officer is hereby designated the “Partnership Representative” of the Company within the meaning of Code section 6223, as amended by the BBA.