disregard of corporate entity

disregard of corporate entity
To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences.

Black's law dictionary. . 1990.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • disregard of corporate entity — To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences. See also …   Black's law dictionary

  • Entity classification election — For United States income tax purposes, a business entity may elect to be treated either as a corporation or as other than a corporation.[1] This entity classification election is made by filing Internal Revenue Service Form 8832. Absent filing… …   Wikipedia

  • pierce — vt pierced, pierc·ing: to see through the usu. misleading or false appearance of the object of summary judgment is to pierce the pleadings and allow a judgment on the merits J. H. Friedenthal et al. the Internal Revenue Service may attempt to… …   Law dictionary

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… …   Black's law dictionary

  • Legal system of Saudi Arabia — Saudi Arabia This article is part of the series: Politics and government of Saudi Arabia …   Wikipedia

  • Organized crime — Crime syndicate redirects here. For the DC Comics group of villains, see Crime Syndicate. For other uses, see Organized crime (disambiguation). Al Capone, a name often associated with organized crime …   Wikipedia

  • United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… …   Universalium

  • religion — religionless, adj. /ri lij euhn/, n. 1. a set of beliefs concerning the cause, nature, and purpose of the universe, esp. when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances, and… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”