Word: refundability
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...that without aid Chrysler would soon cease to be a major force in the U.S. car market. He repeated this two weeks ago to Senate Finance Committee Chairman Russell Long and House Ways and Means Chairman Al Ullman. Riccardo asked for tax relief that would bring an immediate cash refund to the company...
...requests was for a unique dispensation from the tax code's complex "loss carry-back and carry-forward" provisions to permit Chrysler's net operating losses to be applied now against future profits. Result: Chrysler would get a refund from the Treasury equal to the amount of taxes it would have paid if it had had profits instead of losses...
Rather than press criminal charges against the companies, DOE told them to refund the money, and gave the firms 40 days to appeal to an administrative law judge. Government attorneys fear that meeting the strict, "beyond a reasonable doubt" standard of proof under criminal law would be almost impossible considering the technicalities of the case...
Refineries pay about $15.80 per bbl. or 38? per gal. for the Saudi crude. But they actually get a big refund from the complex U.S. Government entitlements scheme. This reduces the refineries' real cost...
...fall, the regulations had cleared up, so we did not charge anybody for the tax," Gibson said. He added students who had paid the higher projected board bill would receive a terbill credit or, if all other expenses had been paid, a cash refund...