TEI recommends that interest be computed every time a taxpayer's tax liability
in respect of a particular year changes, irrespective of future events such as examinations, appeals, or court decisions.
For years, many professionals have been able to avoid the personal liability
of the partnership form of business by forming a professional corporation.
Thus, where other agency-type elements exist, these statements may increase the possibility of vicarious liability
insurance may also cover third-party bodily injury and property damage claims and defense costs arising out of a pollution event.
Under the respective plans, the liability
for the year-end compensation must be fixed and the amount must be determined with reasonable accuracy (e.
If your organization sponsors a retirement plan, the administrators of that plan are fiduciaries under ERISA and personally exposed to civil liability
for breach of their fiduciary duties.
The Provider Liability
Law is also different from the Digital Millennium Copyright Act.
As a result, judges often dismiss international product liability
Any hazardous substance detected in the sand can become the basis for CERCLA liability
, and the foundry could be forced to pay a share of the cleanup costs.
Mere sale or purchase of assets does not transfer legal liability
The company could therefore reasonably argue that the 1992 liability
was resolved by payment of the 1995 check prior to dormancy; the 1995 liability
was resolved by payment of the 1999 check; and the outstanding liability
from 1999 is five years from being dormant.
When damages have occurred, rapid compensation in exchange for a waiver of further liability
may be in the best interests of the HMO and the patient.