The article focuses on rule and regulations for water rights for farmlands in the U.S., for a taxpayer engaged in the business of farming. He owned the right to pump ground water from an aquifer for irrigation of specified tracts of land. This right was limited to a certain number of ...
1D). The loss of b2a in the mutant line caused a large reduction in the expression of IRSp53 in the pronephric ducts, which was consistent with b2a being more expressed than b2b, albeit we cannot rule out that b2b was also present (Fig. 1d). To visualize the pronephric duct during ...
If property was acquired on an exchange described in this section, section 1035(a), section 1036(a), or section 1037(a), then the basis shall be the same as that of the property exchanged, decreased in the amount of any money received by the taxpayer and increased in the amount of gai...
The teacher, who has a legal permit to carry a concealed handgun, filed a lawsuit against the Medford school district in southwestern Oregon to overturn the district's rule that prohibits teachers from bringing a weapon onto school grounds. The standoff between the teacher and the school ...
It allows taxpayers to exchange such properties without any gain or loss from the exchange. It has previously held that principal residences are not eligible for such treatment. The new rule will apply to dwellings owned by the taxpayer for at least 24 months after the exchange.Nevius...
IRS found there was no basis shifting, and therefore no reason to apply the anti-abuse rule in Section 1031(f)(4). Moreover, the QI involved was not viewed as the taxpayer's agent for Section 1031(f)(4) purposes, resolving an open question. [ FROM AUTHOR]Lipton...
But Treasury and the IRS have "unbuckled" the step-into-the-shoes approach, allowing taxpayers to opt out of the default rule and treat the replacement property as if it were newly purchased. [ FROM AUTHOR]WellerPrincipalLouisPrincipalS.