Reallocation adjustment definition

Reallocation adjustment means a Federal Adjustment resulting from a Partnership

Reallocation adjustment means a federal adjustment resulting

Reallocation adjustment means a Federal Adjustment resulting from a Partnership Level Audit or an Administrative Adjustment Request that changes the shares of one or more items of partnership income, gain, loss, expense, or credit allocated to Direct Partners. A positive Reallocation Adjustment means the portion of a Reallocation Adjustment that would increase federal income for one or more Direct Partners, and a negative Reallocation Adjustment means the portion of a Reallocation Adjustment that would decrease federal income for one or more Direct Partners [pursuant to Regulations under IRC section 6225].

Examples of Reallocation adjustment in a sentence

• Balanced Portfolio Reallocation Adjustment of Point-To-Point RatesRates for Point-To-Point Transmission Service specified in this Attachment T shall be adjusted to reflect any amount reallocated from the Zonal Annual Transmission Revenue Requirement in accordance with Section IV.A of Attachment J.

• Vendor warrants that the Works are of best quality, new (unless otherwise specified in the Contract Papers), fit for their intended purpose, free from defects, and in strict compliance with this PO and the Contract Papers for a period of twenty-four (24) months from Purchaser's acceptance.

• A positive Reallocation Adjustment means thea portion of a Reallocation Adjustment that would increase federal taxable income for one or more Direct Partners, and a negative Reallocation Adjustment means athe portion of a Reallocation Adjustment that would decrease federal taxable income for one or moreor more Direct Partners [pursuant to Regulations under IRC section 6225], assuming the Direct Partners were required to report and pay tax under [reference to State Law].

• A positive Realloca-32 tion Adjustment means the portion of a Reallocation Adjustment that would increase federal income33 for one or more Direct Partners, and a negative Reallocation Adjustment means the portion of a 3 Drafting note: A State may need to address undefined terms.

• The results for the Point-To-Point rates described herein shall be specifically set forth in the “NPPD PTP Rate Att T” tab of the Revenue Requirements and Rates File (“RRR File”) posted on the SPP website.Balanced Portfolio Reallocation Adjustment of Point-To-Point RatesRates for Point-To-Point Transmission Service specified in this Attachment T shall be adjusted to reflect any amount reallocated from the Zonal Annual Transmission Revenue Requirement in accordance with Section IV.A of Attachment J.

More Definitions of Reallocation adjustment

Reallocation adjustment means a final federal partnership adjustment that changes the shares of items of partnership income, gain, loss, expense, or credit allocated to a partner that holds an interest directly in a partnership or pass-through entity. A positive reallocation adjustment means the portion of a reallocation adjustment that would increase Iowa taxable income for such partners, and a negative reallocation adjustment means the portion of a reallocation adjustment that would decrease Iowa taxable income for such partners.

Reallocation adjustment means a Final Federal Adjustment that changes the shares of items of partnership income, gain, loss, expense, or credit allocated to Direct Partners. A positive Reallocation Adjustment means a Reallocation Adjustment that would increase state taxable income for Direct Partners, and a negative Reallocation Adjustment means a Reallocation Adjustment that would decrease state taxable income for Direct Partners.

Reallocation adjustment means a federal adjustment resulting from a partnership level audit or

Reallocation adjustment means a final federal adjustment that changes the shares

Reallocation adjustment means a Final Federal Adjustment resulting from a Partnership Level Audit or an Administrative Adjustment Request that changes the shares of items of partnership income, gain, loss, expense, or credit allocated to Direct Partners. A positive Reallocation Adjustment means the portion of a Reallocation Adjustment that would increase federal income for one or more

Reallocation adjustment means a federal adjustment resulting from a partnership level audit or an administrative adjustment request that changes the shares of one or more items of partnership income, gain, loss, expense, or

Reallocation adjustment means a Final Federal Adjustment that changes the shares of items of partnership income, gain, loss, expense, or credit allocated to Direct Partners. A positive Reallocation Adjustment means a Reallocation Adjustment that would increase state taxable income for Direct Partners, and a negative Reallocation Adjustment means a Reallocation Adjustment that would decrease state taxable income for Direct Partners. 2 Drafting note: A State may need to address undefined terms. Suggested language – “To the extent terms used in this [article] are not defined in this Section or elsewhere in [citation to chapter in which this article is contained], it is the intent of the Legislature to conform as closely as possible to the terminology used in the amendments to the IRC pertaining to the comprehensive partnership audit regime as contained in the Bipartisan Budget Act of 2015, Public Law 114-74, as amended, and this [article] shall be so interpreted.”