Search results for: “treasury regulations”
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International Traffic In Arms Regulations
Known commonly by the acronym ITAR, a body of Federal regulations designed to restrain, regulate, and control the manufacture, exportation, and importation of military equipment and weapons. The regulations which derive their authority primarily from which the Arms Export Control Act of 1976 (22 U.S…
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Foreign Assets Control Regulations
A pronouncement issued under authority of Section 5 (b) of the trading with the enemy act (read this and related legal terms for further details) that prohibits importation of products manufactured in, or containing comp…
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Cuban Assets Control Regulations
U.S. government regulations, promulgated under authority of Section 5 (b) of the Trading with the Enemy Act, that forbid unlicensed importation of any product manufactured in Cuba, or manufactured in whole or in part of Cuban components irrespective of place of manufacture, or any product, irrespect…
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What are the Check-the-Box Regulations?
(Change all) What are the Check-the-Box Regulations? A foreign (non-U.S.) eligible entity may elect its classification for U.S. federal tax purposes under the so-called “check-the-box” regulations which are effective generally after January 1, 1997. These Treasury Regulations permit certain business entities (but not trusts) that are not treated as “per se corporations” (referred to as…
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General Order
A condition imposed upon merchandise that is imported into the customs territory of the United States but that is not promptly cleared through customs. General order merchandise is deposited in an approved warehouse pending disposition. Section 127 of the Customs Regulations governs the […]
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Anti-Corruption
Anti-Corruption Introduction By Anne Peters The 172 ratifications of the UN Convention against Corruption (UNCAC), which was adopted in 2003, shows that States around the world are – at least verbally – committed to the international fight against corruption… In the 1990s, the United States achieved adoption of a treaty to criminalize foreign bribery, namely…
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Wests Tax Law Dictionary
West’s Tax Law Dictionary West’s Tax Law Dictionary Details Publisher: West Group Title: West’s Tax Law Dictionary: Definitions of Terms, Words, and Phrases Used in Modern Americn Tax Law and Listings of Federal Tax Forms, Instructions, and Publications Pages: 1358 Some of the Tax Concepts of the Dictionary Able Accounts Actuarial Valuations Adoption Affordable Care…
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List of Tax Acronyms and Abbreviations
List of Tax Acronyms and Abbreviations List of Tax Acronyms and Abbreviations in the United States cq Notice of Acquiescence Notice as to whether the IRS will follow a court holding, derived from Actions on Decisions. Published in the Cumulative Bulletin. AOD Actions on Decisions Memoranda prepared when the IRS loses a court case that…
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What is a Section 645 election?
What is a Section 645 election? Under Section 645, if both the executor (if any) of an estate and the trustee of a qualified revocable trust (“QRT” ) elect the treatment provided for in Section 645, the trust is taxed for income tax purposes as part of the estate (and not as a separate trust)…
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Should Trusts file income tax returns to the IRS?
Should Trusts file income tax returns to the IRS? Trusts must file a Form 1041, U.S. Income Tax Return for Estates and Trusts, for each taxable year where the trust has $600 in income or the trust has a non-resident alien as a beneficiary. However, if the trust is classified as a grantor trust, it…
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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International Trade
International Political Economy Trends: International Trade Introduction to International Trade In the 21st century, international trade has grown to 20 percent of the world's total production of goods and services-around $6.5 trillion per year. This volume of trade is almost seven times […]
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Anti-Semitism
Zionism Historical Background: The Rise of Modern Anti-SemitismIntroduction to Anti-SemitismPolitical emancipation, however, proved to be a false dawn. In the second half of the 19th century organized anti-Semitic parties emerged in Germany and Austria-Hungary. In Russia, where the…
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Anti-Semitism
Zionism Historical Background: The Rise of Modern Anti-SemitismIntroduction to Anti-SemitismPolitical emancipation, however, proved to be a false dawn. In the second half of the 19th century organized anti-Semitic parties emerged in Germany and Austria-Hungary. In Russia, where the…
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Education
"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." — Alvin Toffler See Education links History of Education In the following treatment of this subject, the theory and early history of education is […]