BIA

(redirected from Book Income Adjustment)
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AcronymDefinition
BIABusiness Improvement Area
BIABureau of Indian Affairs
BIABusiness Impact Analysis (management analysis identifying the impacts of losing company resources; commonly part of a Business Recovery Plan)
BIABuilding Industry Association
BIABoard of Immigration Appeals (US DOJ)
BIABrothers in Arms (game)
BIABandaranaike International Airport (Sri Lanka)
BIABusiness in Africa (magazine)
BIABusiness Improvement Association (Canada)
BIABioelectric Impedance Analysis
BIABaby in Arms
BIABankruptcy and Insolvency Act (Canada)
BIABrain Injury Association (USA)
BIABrick Institute of America
BIABengaluru International Airport (Bangalore, India)
BIABanque Internationale pour l'Afrique (French)
BIABorder & Immigration Agency (UK, formerly Immigration and Nationality Directorate)
BIABusiness Intelligence Analytics
BIABioIndustry Association
BIABioindustry Association (UK)
BIABuffer Index Area
BIABusiness Impact Assessment
BIABasic Internet Access
BIABusiness Impact Analysis
BIABurned-in Address
BIABrick Industry Association
BIABoating Industry Association (now NMMA)
BIABrevet d'Initiation Aéronautique (French aeronautics diploma)
BIABastia, Corsica, France - Poretta (Airport Code)
BIABump in the API
BIABaixo Impacto Ambiental (Portuguese: Low Environmental Impact; Brazil)
BIABezbednosno Informativna Agencija (Serbian intelligence agency)
BIABristol International Airport (UK)
BIABreakfast in America (restaurant; Paris, France)
BIABudget Implementation Act (various locations)
BIABroadband Internet Access
BIABusiness Intelligence Accelerator (software)
BIABureau of Immigration Appeals
BIABremer Innovations Agentur (German innovation support company)
BIABradley International Airport (Hartford, Connecticut)
BIABritish Institute at Ankara (Ankara, Turkey)
BIABurned-In (MAC) Address (Cisco)
BIABasic Insurance Amount (federal government employee life insurance)
BIABiospecific Interaction Analysis
BIABroadmoor Improvement Association
BIABachelor of Industrial Administration
BIABicycle Institute of America
BIABio-Inspired Algorithm
BIABusiness Improvement Architects (Canada)
BIABarbecue Industry Association
BIABilateral Infrastructure Agreement (various locations)
BIABureau Issues Association (US agency)
BIABoehringer Ingelheim Austria
BIABinding Industries of America
BIABureau Informatisering Amsterdam (City of Amsterdam, The Netherlands)
BIABest in America
BIABoard of Indian Affairs (state of Utah)
BIABeef Improvement Association
BIABanque Intercontinentale Arabe (French: Arab Intercontinental Bank)
BIABulletin d'Information Archéologique (French: Archaeological Information Bulletin)
BIABomb Impact Assessment
BIABarbados Institute of Architects (Barbados)
BIABritish Insurance Association (now ABI)
BIABilingual Interactive Activation Model
BIABus Interface Adapter
BIABall Image Analyzer
BIABiométrie et Intelligence Artificielle (French: Biometrics and Artificial Intelligence)
BIABulk Inversion Asymmetry
BIABusiness Internet Analytics (Microsoft initiative)
BIABritish Irish Association
BIABureau d'Information Aéronautique (French)
BIABusiness Intelligence Associates, Inc
BIABraille Institute of America, Inc.
BIABusqueda de Inteligencia Artificial (Spanish)
BIABook Income Adjustment (tax)
BIABuses International Association
BIABase Information Analysis
BIABoost, Insertion, and Abort
BIABorn Into Ashes (band)
BIABroadband Internetwork Analyzer
BIABaccalauréat en Informatique Appliquée (Bachelor in Data Sciences)
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References in periodicals archive ?
For tax years beginning in 1990, the ACE tax preference adjustment replaced the book income adjustment for the calculation of the corporate alternative minimum tax.
For tax years succeeding 1989, the ACE adjustment replaces the book income adjustment as the means of ensuring that corporations reporting substantial economic income do not escape taxation.
In computing alternative minimum taxable income (AMTI) for tax years beginning after 1986 and prior to 1990, one-half of the amount by which the corporation's pre-tax book income exceeded AMTI, determined without regard to the "book income adjustment" and any NOLs, was added to the otherwise computed AMTI.
After three years of coping with the arbitrary book income adjustment, corporate taxpayers for tax years beginning after December 31, 1989, will need to compute adjusted current earnings (ACE) to arrive at AMT income (AMTI).
As they prepare, they should consider the planning opportunities available during the final year of the book income adjustment, to take advantage of any differences.
Enacted as part of the Tax Reform Act of 1986, the ACE adjustment will replace the rather arbitrary book income adjustment as a means of capturing a measure of economic income within the AMT income base.
Following the 1989 Act, the ACE adjustment is no longer connected to the book income adjustment and will not require present value computations.
Under the original system, the book income adjustment under section 56(f) of the Internal Revenue Code is a corporate AMT addback equal to 50 percent of the positive excess of adjusted book income over tentative AMTI.
The calculation of current taxes and of the alternative minimum tax (AMT), the book income adjustment and the adjusted current earnings adjustment are covered in the chapter on calculating current income taxes.
In tax periods beginning before 1990, a corporation will need to add a book income adjustment (the "Business Untaxed Reported Profits" or "BURP" adjustment) to regular taxable income to determine AMTI.
Perhaps the most significant adjustment required for the AMT is the excess book income adjustment. The book income adjustment is an important concern for foreign corporations.
For years beginning in 1987 through 1989, the book income adjustment can only be positive (i.e., increase AMTI); while for years beginning after 1989, the adjustments can be negative, but only to the extent of previous post-1989 positive adjustments.