Election Out definition

Election Out has the meaning assigned that term in Section 8.03(c).
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Election Out means the election provided by Section 6221(b) of the Code to have Subchapter C of Chapter 63 of Subtitle F of the Code not apply or any analogous election under state or local law.
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Election Out has the meaning set forth in Section 5.02.
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Examples of Election Out in a sentence

  • See Transfer of Certain Life Estates Received From Spouse in the instructions.12 Election Out of QTIP Treatment of Annuities◄ Check here if you elect under section 2523(f)(6) not to treat as qualified terminable interest property any joint and survivor annuities that are reported on Schedule A and would otherwise be treated as qualified terminable interest property under section 2523(f).

  • Standard Deduction Increase Election Out offor Married Persons Installment MethodBeginning in 2005, the standard deduction for a single For sales occurring after December 16, 1999, accrual individual and a married individual filing a separate return basis taxpayers were required to report installment sales will be the same.

  • See Transfer of Certain Life Estates Received From Spouse on page 4 of the instructions.12 Election Out of QTIP Treatment of Annuities Check here if you elect under section 2523(f)(6) not to treat as qualified terminable interest property any joint and survivor annuities that are reported on Schedule A and would otherwise be treated as qualified terminable interest property under section 2523(f).

  • Election Out of Partnership Tax Status - Requirements  The partners must reserve the right to separately take or dispose of their shares of any property acquired or retained.

  • Campaign Advertising and Election Out- comes: Quasi-natural Experiment Evidence from Gubernatorial Elections in Brazil.

  • Currently, the IRS is soliciting comments concerning Election Out of GST Deemed Allocations.DATES: Written comments should be received on or before September 27, 2013 to be assured of consideration.

  • C-Co and each of the C-Co Shareholders and their spouses shall have completed and executed the California Election Out Statement and shall have delivered such completed and executed California Election Out Statement to Intuit.

  • After taking into account the State and Federal Contributions, and except in the event of an Election Out pursuant to paragraph (3) below, the Parties will pay or reimburse the Remaining Expected Environmental Mitigation Costs, as and when incurred, in shares to be determined by the Parties within thirty days after IID has determined that the Environmental Compliance Condition Subsequent has been satisfied.

  • Election Out of Subchapter K for Producers of Natural Gas—TD 8578.

  • Election Out of Automatic AllocationSection 2632(b) of the Code provides that an individual’s GST tax exemption will be automatically allocated to direct skips so that the inclusion ratio of such property is zero.o Electing out of automatic allocation for a direct skip gift will necessitate the payment of GST tax.o To opt-out of the automatic allocation of GST tax exemption to direct skips, an “X” will be placed in Column C of Part 2 of Schedule A.


More Definitions of Election Out

Election Out has the meaning set forth in Section 5.02.
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Related to Election Out

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Election means an election by a constituency, or by a class within a constituency, to fill a vacancy among one or more posts on the council of governors;

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Statewide popular election means a general election in which votes are cast for