Valid business purpose definition

Valid business purpose means one or more business purposes that alone or in combination
Valid business purpose means one or more business purposes that alone or in combination constitute the motivation for some business activity or transaction, which activity or transaction improves, apart from tax effects, the economic position of the taxpayer, as further defined by regulation.
Valid business purpose means one or more business purposes that alone or in combination 869 constitute the motivation for some business activity or transaction, which activity or transaction 870 improves, apart from tax effects, the economic position of the taxpayer, as further defined by regulation. 871 10. a. For taxable years beginning on and after January 1, 2009, the amount of dividends deductible 872 under §§ 561 and 857 of the Internal Revenue Code by a Captive Real Estate Investment Trust (REIT). 873 For purposes of this subdivision, a REIT is a Captive REIT if:

Examples of Valid business purpose in a sentence

  • Schedule G – Valid business purpose for QEZEs first certified prior to August 1, 2002If the QEZE was first certified prior to August 1, 2002, and the base period is zero years or the employment number is zero in the base period, and the QEZE is similar in ownership and operation to an existing or previously existing New York State taxpayer, the QEZE must have been formed for a valid business purpose to continue qualifying for QEZE benefits.

  • Schedule G — Valid business purpose for QEZEs first certified prior to August 1, 2002If the QEZE was first certified prior to August 1, 2002, and the base period is zero years or the employment for your base period is zero, and the QEZE is similar in operation and ownership to a business entity (or entities) taxable or previously taxable, then the enterprise must have been formed for a valid business purpose and not solely to gain EZ benefits in order to continue to claim the QEZE tax reduction credit.

  • Valid business purpose" means one or more business purposes, other than the avoidance or reduction of taxation, which, alone or in combination, constitute the primary motivation for some business activity or transaction, which activity or transaction changes in a meaningful way, apart from tax effects, the economic position of the taxpayer.”.

  • Valid business purpose for golf cart-type vehicles is limited to: Transporting personnel/equipment/supplies for University purposes.Transporting employees/students with temporary or permanent disability-related needs.


More Definitions of Valid business purpose

Valid business purpose means one or more business purposes, other than the avoidance or reduction of taxation, which alone or in combination constitute the primary motivation for a business activity or transaction, which activity or transaction changes in a meaningful way, apart from tax effects, the economic position of the taxpayer. The economic position of the taxpayer includes an increase in the market share of the taxpayer or the entry by the taxpayer into new business markets.
Valid business purpose means one or more business purposes that alone or in combination 603 constitute the motivation for some business activity or transaction, which activity or transaction 604 improves, apart from tax effects, the economic position of the taxpayer, as further defined by regulation. 605 C. There shall be subtracted to the extent included in and not otherwise subtracted from federal 606 taxable income:
Valid business purpose means one or more
Valid business purpose means one or more business purposes, other than the
Valid business purpose. A valid business purpose is one or more business purposes other than the avoidance of a restriction or obligation under this Agreement, which alone or in combination constitute the primary motivation for some business activity or transaction, which activity or transaction changes in a meaningful way the economic position of the Company. Unless the context otherwise requires, the singular includes the plural, and words in the plural include the singular.
Valid business purpose means one or more 25-47 business purposes, other than the avoidance or reduction of taxes, 25-48 that alone or in combination constitute the primary motivation for 25-49 a business activity or transaction that changes in a meaningful 25-50 way, apart from tax effects, the economic position of the entity. A 25-51 valid business purpose includes compliance with a regulatory 25-52 requirement of:
Valid business purpose means one or more business purposes that alone or in combination 610 constitute the motivation for some business activity or transaction, which activity or transaction 611 improves, apart from tax effects, the economic position of the taxpayer, as further defined by regulation. 612 10. a. For taxable years beginning on and after January 1, 2009, the amount of dividends deductible