Meaning PRIVATE LETTER RULING: A ruling by the IRS in response to a request for interpretation of a tax law
More terms such as Private letter ruling in Dictionary P.
- Definition Portfolio Management:
- Examples Related: Investment management private letter ruling definition.
- Definition Position:
- Examples the number of contracts bought or sold for which no offsetting transaction has been entered into. The buyer of a commodity is said to have a long position, and the seller of a commodity is said to private letter ruling explain.
- Definition Principal Stockholder:
- Examples A stockholder who owns 10% or more of the voting stock of a company. Such stockholders must report all trading in the stock to the SEC pursuant insider trading rules private letter ruling what is.
- Definition Passive Income Generator (PIG):
- Examples An investment that favors passive income, such as an income-oriented real estate limited partnership private letter ruling meaning.
- Definition Participating Buyer/Seller:
- Examples Used for listed equity securities. (1) Customer willing to buy/sell in line with market. (2) Buyer/seller who goes along with another buyer/seller in a percentage order private letter ruling abbreviation.