Examples of FMV in a sentence
The FMV of donated additions is recognized as revenue in the year of donation.
We have not included these labor factors in ourcalculation of FMV because we have considered them to be part of factory overhead, which includes indirect labor.Comment 14: Shandong contends that its reported inland freight distance is correct, as opposed to the distance measured at verification.
Enter the fair market value (FMV) and the adjusted basis of the other property on lines 12 and 13, respectively.
We did not take into account Weifang’s usage of de rust solvent since no other respondents reported this factor, it appears likely to have been included in the reported paint factor, and petitioner has not provided any information that could be used as BIA.Comment 12: Billiongold contends that its actual swap center exchange rate should be used to calculate FMV.
Donations of capital assets are recorded in the accounting records as revenue at fair market value (FMV) at date of receipt and capitalized in the accounting records.