clawback


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clawbackclawback
  • noun

Words related to clawback

nounfinding a way to take money back from people that they were given in another way

Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
deducted the bonus as a business expense on its corporate tax return in the year when the bonus was paid in cash, should the company claim the reimbursement as income in the year when it activated the clawback? Similarly, if Maxwell included the bonus as income on his personal tax return in the year he received the bonus, does he deduct it from his taxable income when he repaid the bonus to Carp Corp.?
"The University of Southern California did a study, and in 2013 as many as 23 percent of prescriptions involved a clawback payment greater than $2," said Beach.
"Judge Nelson's rulings provide precedent for the clawback cases that remain.
The clawback rule establishes a procedure that lets a disclosing party keep information privileged as long as reasonable steps have been taken to prevent disclosure and correct inadvertent disclosures.
The KE's Multi-Year Tariff (MYT) of 2009 approved by the regulator promised a performance-based tariff that offered healthy efficiency gains to the private investor and prescribed a clawback mechanism.
Also, Nepra ordered K-Electric to submit a report detailing workings if the profit for the aforementioned year was eligible for clawback benefit to consumers or not.
While it seems counterintuitive and inequitable to assert claims against any defrauded investor, the theory underlying clawback actions is that money received by those investors came from other defrauded investors, and all investors should be on equal ground.
Were the contract to be awarded to (tried and tested) De La Rue, then that annual saving of PS12m might look like small-change compared to the tax clawback.
The TCJA attempts to address these clawback concerns by instructing the Treasury Secretary to "prescribe regulations" to prevent any such clawback.
Leaving 'security' aside, has Rudd considered the bigger picture: tax clawback? The PS120m so-called 'saving' is only PS12m/annum for the contract, which is worth PS490m to the Franco-Dutch firm.
* Under what conditions is it appropriate to enact a clawback, essentially a reclaiming, of incentive pay, or the cessation or recoupment of severance, and how should it work?
Global Banking News-June 7, 2017--Former Deutsche executive rejects clawback claim