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" Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that it is reasonable and does not constitute a distribution of profits. "
Code of Federal Regulations: Containing a Codification of Documents of ... - Page 377
1987
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The Code of Federal Regulations of the United States of America

Administrative law - 1989 - 1074 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that it is reasonable and does not constitute...held corporations, compensation costs covered by this subdivision shall not be recognized in amounts exceeding those costs that are deductible as compensation...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1993 - 1052 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that it is reasonable and does not constitute...held corporations, compensation costs covered by this subdivision shall not be recognized in amounts exceeding those costs that are eductible as compensation...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 2000 - 1232 pages
...distribution of profits. For closely held corporations, compensation costs covered by this subdivision shall not be recognized in amounts exceeding those...as compensation under the Internal Revenue Code and regulations under it. (ii) Any change in a contractor's compensation policy that results in a substantial...
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The Code of Federal Regulations of the United States of America

Administrative law - 1972 - 914 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that It Is reasonable and does not constitute a distribution of profits. (f> Limitations on certain forms of compensation. In addition to the general requirements in paragraphs...
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Weapons System Management and Team System Concept in Government Contracting ...

United States. Congress. House. Committee on Armed Services. Subcommittee for Special Investigations - Arms transfers - 1959 - 796 pages
...Compensation for services rendered paid to partners and sole proprietors in lieu of salary will be allowed to the extent that it is reasonable and does not constitute a distribution of profits. id) In addition to the general requirements set forth in (a) through (o) above, certain forms of compensation...
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Weapons System Management and Team System Concept in Government Contracting ...

United States. Congress. House. Committee on Armed Services - 1959 - 810 pages
...Compensation for services rendered paid to partners and sole proprietors In lieu of salary will be allowed to the extent that it is reasonable and does not constitute a distribution of profits. (d) In addition to the general requirements set forth in (a) through (c) above, certain forms of compensation...
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Hearings Pursuant to Section 4, Public Law 86-89, Special Subcommittee on ...

United States. Congress. House. Committee on Armed Services - Defense contracts - 1960 - 774 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to. the extent that it is reasonable and does not constitute a distribution of profits. (4) In addition to the general requirements set forth in (1) through (3) above, certain forms of compensation...
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The Code of Federal Regulations of the United States of America

Administrative law - 1962 - 596 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that it is reasonable and does not constitute a distribution of profits. (4) In addition to the general requirements set forth in (1) through (3) above, certain forms of compensation...
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NASA Grant Handbook

United States. National Aeronautics and Space Administration - 1970 - 292 pages
...Compensation in lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that it is reasonable and does not constitute a distribution of profits. (4) Notwithstanding any other provisions of this sukparagraph 15.205-6, costs cf compensation are not...
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Management of the Department of Defense: hearing before the Committee on ...

United States. Congress. Senate. Committee on Governmental Affairs - Defense contracts - 1983 - 596 pages
...Compensation In lieu of salary for services rendered by partners and sole proprietors will be allowed to the extent that It Is reasonable and does not constitute a distribution of profits. For closely held co,rpcr&tlons, conpensa t ion costs covered by this sutparaeraph shall not be recognized in amounts...
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