BNET Business Dictionary
Business Definition for: Notional Income
- invisible benefit which is not money or goods and services
Additional Resources
- Comments on proposed notional principal contract regulations
- On July 8, 1991, the Internal Revenue Service issued proposed regulations under section 446 of the Internal Revenue Code, concerning the income tax accounting treatment of notional principal contracts NPCs. Related regulations were also proposed under section 988, relating to foreign currency transactions, and section 1092, relating to straddles....
- Research articles 1991-11-01
- Carolina Group Reports Net Income for the First Quarter of 2008
- NEW YORK -- Loews Corporation (NYSE:LTR) today reported Carolina Group net income for the first quarter of 2008 of $171 million, compared to $189 million in the first quarter of 2007. The decline in net income reflects increased selling, advertising and administrative expenses as a result of costs associated with...
- Research articles 2008-04-28
- US companies free to report bogus income.
- Byline: Jeremy Adams in New York S&P 500 companies are set to report $105bn (E108bn) of income this year that has been plucked out of thin air - and they will be acting entirely within US accounting rules.Corporates in the US are recording billions...
- Research articles 2002-10-27
- Enbridge Income Fund Announces Quarterly Results.
- CALGARY, ALBERTA, May 3, 2005 CCNMatthews via COMTEX Enbridge Income Fund (TSX:ENF.UN) (the "Fund") today announced earnings of $4.0 million for the three months ended March 31, 2005, or $0.12 per unit, compared with $2.7 million, or $0.08 per unit, for the same period...
- Research articles 2005-05-03
- Precision Drilling Trust Q3 2007 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you. We will now take questions from the telephone lines. [Operator Instructions]. The first question is from John Tasdemir from TRISTONE Capital. Please go ahead. John Tasdemir - TRISTONE Capital Hi. Good afternoon, guys. Kevin, welcome back to Alberta. Hope they...
- Earnings calls 2007-10-25
- Authorities learn from market on taxation of credit default swaps.
- Byline: Eva Farkas-DiNardo May 17, 2006 (International Tax Review - ABIX via COMTEX) -- Some changes have been proposed in the US in the rules on the timing and character of income from notional principal contracts. The changes, proposed by The US...
- Research articles 2006-05-17
- Interest Rate Swaps
- It is the exchange of one set of cash flows for another. A pre-set index, notional amount and set of dates of exchange determine each set of cash flows. The most common type of interest rate swap is the exchange of fixed rate flows for floating rate flows. One of...
- White papers
- Legg Mason, Inc. F3Q08 (Qtr. End 12/31/07) Earnings Call Transcript
- Question-and-Answer SessionI am here sir. Can you hear me? [Operator Instructions]. Please be advised, we would like you to limit your questions to one question and a follow-up. If you have any additional questions you can re-queue up into the question queue. Our fist question or comment, comes from...
- Earnings calls 2008-01-30
- [849] Deemed dividends of CFCs.
- Byline: Stuart Jones May 21, 2007 (Weekly Tax Bulletin - ABIX via COMTEX) -- The Australian Taxation Office ATO has issued Taxation Determination TD 2007/16. The ATO clarifies in the Determination that a sum held to be a dividend under section 47A of...
- Research articles 2007-05-21
- AIG CDS Unwind: From a Waterfall to a Trickle
- Tyler Durden submits: As Zero Hedge initially reported nearly two months ago, the main reason why the banks' fixed income trading desks generated phenomenal profitability in January and February had nothing to do with actual trading of fixed income and everything to do with [[AIG]]'s hamheaded (and loss-generating) unwind...
- External links 2009-05-14
- JPMorgan Chase & Co. Q1 2008 Earnings Call Transcript
- Question-and-Answer Session Operator Thank you, sir. Operator Instructions We'll take our first question from Guy Moszkowski with Merrill Lynch. Guy Moszkowski - Merrill Lynch Good morning. James Dimon Hi, Guy. Guy Moszkowski - Merrill Lynch I just wanted to follow up on the Bear Stearns discussion. First...
- Earnings calls 2008-04-16
- ISDA Comments On U.S. Tax Notice Concerning Contingent Non-Periodic Swaps Payments
- Business Editors NEW YORK--BUSINESS WIRE--Nov. 27, 2001 On November 20, 2001, the International Swaps and Derivatives Association ISDA commented on the Internal Revenue Service IRS proposal (Notice 2001-44, I.R.B. 2001-30, July 3, 2001) concerning four alternative methods of accounting governing the timing of income inclusions and deductions as...
- Research articles 2001-11-27
