How to deal with involuntary conversions

Article Abstract:

An involuntary conversion is defined as the loss of property through theft, casualty or the real or threatened government seizure and condemnation without the consent of the taxpayer through the power of eminent domain. Another example of an involuntary conversion is an unanticipated and sudden expropriation of property by a foreign country. In determining the appropriate tax treatment for involuntary conversions, tax professionals should find out if the property is held for personal use or as income-generating property held for investment or employed in a trade or business. Taxpayers can deduct losses if they are able to provide evidence that the amount they indicate is correct through documentation of the basis and fair market value before and after the event.

Taxation, Involuntary conversion

---

Creche barriers

Article Abstract:

Cambridge University has no childcare provision in 1997, 21 years after the start of a campaign to create a nursery for the children of student parents, but the situation in general is improving. Just 12 of 78 universities surveyed in Mar. 1997 admitted to having no childcare facilities, compared with one in five universities and polytechnics nine years earlier. However, even when universities do have nurseries, the waiting list for places may be two or three times the number of places available. Furthermore, just nine universities have nurseries catering for newborns.

United Kingdom, Statistics, Schools, Child care services, Campus-based child care

---

Saturday effects in tanker oil spills

Article Abstract:

A study indicates that there are more oil spill accidents caused by guidance errors such as groundings, collisions and rammings on Saturday than on any other day of the week in North America and Europe. Possible explanations such as tanker traffic patterns are insufficient. A reduction of this 'Saturday' effect could reduce oil spill accidents by as muchas 9% each year. Measures that can be taken include alerting crews to be more vigilant on Saturdays.

Research, Accidents, Tankers, Tankers (Ships), Oil spills, Days

Similar abstracts:

• Abstracts: Learned outsiders. A graduate radiation course based upon numerical methods
• Abstracts: Charles Blandy. Hopes for Hofmeister
• Abstracts: The integrated curriculum. Crash, bang, torrent
• Abstracts: Disposable assets. The Berlin patient
• Abstracts: Elizabeth vs Stalin: contest of the cult of personality. Steam-powered cider

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.