Letter ruling definition
Letter ruling means a formal document issued by the department to a specific taxpayer on a specific tax matter related to a future transaction. A taxpayer shall request a letter ruling on a form and in a manner prescribed by the department.
Letter ruling means a written interpretation of law to a
Letter ruling means a private letter ruling received from the Internal Revenue Service to the effect that, among other things, the Distribution will qualify as a tax-free distribution for federal income tax purposes under Section 355 of the Code.
More Definitions of Letter ruling
Letter ruling means a written interpretation of law to a specific set of facts provided by the applicant requesting a letter ruling.
Letter ruling means a written interpretation of law by the
Letter ruling means the advance letter rulings expected to be issued by the IRS to Methode regarding certain U.S. federal income tax consequences of the Distribution and other related transactions and any supplemental letter rulings issued by the IRS with respect thereto; provided, however, that the requesting party complied with the provisions of the Tax Sharing Agreement relating to requests for supplemental rulings and obtained any necessary approval of the other party thereto.
Letter ruling means a written interpretation of law to a specific set of facts provided
Letter ruling means a written interpretation of law to a specific set of facts provided by an applicant requesting the written interpretation from the Arkansas Economic Development Commission;
Letter ruling means the advance letter ruling expected to be issued by the IRS to Methode setting forth certain Federal Income Tax consequences of the Reorganization, and any supplemental or additional letter rulings that may be issued by the IRS to any of the Parties or their Affiliates with respect to the Reorganization or any part thereof in response to a ruling request by Methode or Stratos that received Stratos Sole Discretion Consent or Methode Sole Discretion Consent, respectively.
Letter ruling means the private letter ruling issued by the Internal Revenue Service to the Guarantor, stating that, subject to customary assumptions and limitations, the Distribution will qualify as tax-free under Section 355 of the Code, except for cash received in lieu of fractional shares of the Guarantor’s common shares.