Entity income definition

Entity income for an ESBT means the ESBT’s distributive share of net income of an S corporation taxable pursuant to the Code § 641(c), and apportioned to Maine in accordance with 36 M.R.S., Chapter 821. If an ESBT holds stock in more than one S corporation, the entity income of each stock holding must be determined separately for purposes of this rule.

Examples of Entity income in a sentence

• The total ERO statutory funding requirement for 2021 net of other NERC and Regional Entity income sources, to be funded by assessments, is $189,757,789, consisting of $72,011,373 for funding of NERC’s programs and $117,746,416 for funding of Regional Entity statutory activities and the WIRAB.

• The total ERO statutory funding requirement for 2020 net of other NERC and Regional Entity income sources, to be funded by assessments is $188,723,535, consisting of $72,011,373 for funding of NERC’s programs and $116,712,162 for funding of Regional Entity statutory activities and the WIRAB.

• The total ERO statutory funding requirement for 2022 net of other NERC and Regional Entity income sources, to be funded by assessments, is $201,080,951, consisting of $78,387,280 for funding of NERC’s programs and $122,693,671 for funding of Regional Entity statutory activities and the WIRAB.

• Total Pass-through Entity Income apportioned to Rhode Island.....................................................................2 Percentage of the economic benefit received by each individual member in the entity..................................3 Pass-through Entity income generated by the individuals.

• The total ERO statutory funding requirement for 2017, net of other NERC and Regional Entity income sources, to be funded by assessments is $170,907,780 consisting of $59,856,314 for funding of NERC’s programs and $111,051,466 for funding of Regional Entity statutory activities and the WIRAB.

• The DoD Components will provide plan participants a HIPAA privacy notice detailing the employee’s rights, the responsibilities of the DoD NAF HBP, and the NAF employer’s duties in protecting the privacy of DoD NAF HBP plan participants.

• The Company’s share of the net profit or loss of the associate is recognised in the Economic Entity income statement.

• Allocation of Statutory Assessments The total ERO statutory funding requirement for 2018, net of other NERC and Regional Entity income sources, to be funded by assessments is $179,014,499 consisting of $62,936,968 for funding of NERC’s programs and $116,077,531 for funding of Regional Entity statutory activities and the WIRAB.NERC’s proposed 2017 assessment amount of $62,936,968 is allocated as follows: $56,968,506 to the U.S., $5,778,945 to Canadian provinces (in the aggregate), and $189,517 to Mexico.

• During the audit, the auditor may inspect records or documents that may provide information about related party relationships and transactions, for example: □ Entity income tax returns.

• Reduce Tax Rate of Pass-Through Entity income to the Corporate Tax Rate.