De minimis definition
De minimis means an amount small enough as to make not accounting for it commercially reasonable or accounting for it administratively impractical, in each case as determined by the Managing Member.
De minimis means the seller's purchase price or sales price of the taxable products is ten percent or less of the total purchase price or sales price of the bundled products.
De minimis means that any corporation, pension or investment fund, limited liability company, or limited partnership that directly or indirectly owns, acquires, or otherwise obtains any interest in 40 acres or less of agricultural land and annually receives less than $150 per acre in gross revenue from rental or agricultural production.
Examples of De minimis in a sentence
Prior to the distribution of the State Share, the National Fund Administrator shall allocate the aggregate projected recovery for all De minimis- share Local Governments from the State Share to those De minimis-share Local Governments.
More Definitions of De minimis
De minimis activity means the dredging of less than 2 cubic yards in a calendar year from a specific waterbody or disturbance of bottom material during the manual removal of aquatic plants that meet the requirements of s. NR 109.06(2), Wis. Adm. Code.
De minimis means a person who extracts, for domestic purposes, two acre-feet or less per year, as defined in SGMA.
De minimis means an insignificant interest that does not raise reasonable question as to a judge's impartiality or use of the prestige of the office.
De minimis means that quantity of regulated substance which is described by one of the following:
De minimis means an amount less than 15% of the land area
De minimis has the meaning specified in Section 11.01(b)(iv).
De minimis means those emissions reported for a source or sources that are calculated using alternative methods selected by the operator, subject to the limits specified in section 95103(a)(6).