The proposed amendment drew opposition from board member Bill Davis, who said criminal defense lawyers sometimes put nonrefundable
fees in their trust accounts to protect the equitable interest of the client should the client or lawyer die before the representation is concluded.
The AICPA is supportive of Treasury's position involving repeal of this nonrefundable
passenger airlines and foreign airlines that fly within or to or from the United States consistently disclose to passengers, applicable government-imposed fees on unused nonrefundable
tickets that may be eligible for refunds once these determinations are made by relevant agencies.
They will enable customers purchasing nonrefundable
tickets to stand by for alternative flights, and are valid for one-way travel on the originally scheduled travel date, subject to certain limitations.
Commissioner, 106 TC 117, under the cardholder agreement the bank's annual fees were nonrefundable
. The agreement also said the annual fee was to open the account and set a credit limit.
I examine corporate call policy for nonrefundable
No official source explains how to apply the stacking order for nonrefundable
personal credits (NPC).
Some lawyers have long considered the fees unethical, and a New York study indicated that from 1982 to 1992, 27 percent of all complaints made to the state's legal oversight panel concerned nonrefundable
Another pending change would clarify that nonrefundable
fees are considered earned on receipt and must not be placed in lawyers' trust accounts.
TIPRA Section 302 extended the use of certain nonrefundable
credits to reduce AMT liability through 2006.
Personal Credits: Under existing law, for 2006, nonrefundable
personal credits, except the child credit, the adoption credit and the low income saver's credit could not exceed the excess of the regular tax over the tentative minimum tax.
Delta Air Lines and Northwest Airlines have reportedly adopted a "use it or lose it" policy for nonrefundable