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internal liabilities

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  • Internal Revenue Code section 1031 — Under Section 1031 of the Internal Revenue Code (usc|26|1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due.ummaryTo qualify… …   Wikipedia

  • Internal control — In accounting and organizational theory, Internal control is defined as a process effected by an organization s structure, work and authority flows, people and management information systems, designed to help the organization accomplish specific… …   Wikipedia

  • Internal Revenue Service Restructuring and Reform Act of 1998 — The Internal Revenue Service Restructuring and Reform Act of 1998, also known as Taxpayer Bill of Rights III, (USPL|105|206, USStat|112|685, enacted 1998 07 22), resulted from hearings held by the United States Congress in 1996 and 1997. The Act… …   Wikipedia

  • Internal Claim — A claim by a creditor that is restricted to the business s assets and not those of its owners. The liability for the claim arises out of the business itself. As long as the business is legally created and treated as an entity separate from its… …   Investment dictionary

  • internal affairs of corporation — In conflicts, the rights and liabilities of a corporation are determined by the local law of the state which has the most significant relationship to the occurrence and the parties. Restatement, Second, Conflicts, No. 302(1). Such affairs are… …   Black's law dictionary

  • internal affairs of corporation — In conflicts, the rights and liabilities of a corporation are determined by the local law of the state which has the most significant relationship to the occurrence and the parties. Restatement, Second, Conflicts, No. 302(1). Such affairs are… …   Black's law dictionary

  • current liabilities — An obligation that will be paid in the ordinary course of a business or within one year. A current liability is paid by expending a current asset. The phrase current liability carries with it the idea of a liability that is presently enforceable …   Black's law dictionary

  • current liabilities — An obligation that will be paid in the ordinary course of a business or within one year. A current liability is paid by expending a current asset. The phrase current liability carries with it the idea of a liability that is presently enforceable …   Black's law dictionary

  • accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… …   Universalium

  • Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System …   Wikipedia

  • List of Statutory Instruments of the United Kingdom, 2008 — This is an incomplete list of Statutory Instruments of the United Kingdom in 2008. NOTOC 1 100* Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2008 S.I. 2008/3 * Information as to Provision of Education… …   Wikipedia

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