FCBR

AcronymDefinition
FCBRFayette County Board of Realtors (Fayetteville, GA)
FCBRFabrication Couverture Bois Réunion (French wood manufacturing company)
References in periodicals archive ?
Under 1997 legislation,(9) California conforms to the FCBRs, effective for income and tax years beginning after 1996.
sections] 7-80-203; however, the Colorado DOR has not publicly announced its position regarding conformity to the FCBRs.
10) Although the DOR Services has not publicly announced its position regarding the FCBRs, in response to a survey, it indicated that the state conforms to the Federal rules for both single- and multi-member LLCs.
11) Unless inconsistent with Delaware law, the FCBRs are adopted for Delaware purposes.
The state will follow the FCBRs for purposes of Hawaii income tax law, effective Jan.
For example, an SMLLC is treated as a taxable entity for purposes of these taxes even if the LLC is disregarded under the FCBRs.
In response to a survey, the Idaho State Tax Commission indicated that the state conforms to the FCBRs for both single- and multi-member LLCs.
The DOR also noted that currently, it has no plans to adopt regulations on the FCBRs.
17) This legislation, which was retroactive to that date, also incorporates the Treasury regulations affecting Indiana gross income tax that were in effect on that date; thus, unless the DOR adopts specific rules that supersede them, the FCBRs apply for Indiana purposes.
19) In addition, Maine Revenue Services announced that it would follow the FCBRs for purposes of classifying LLCs.
In Technical Information Release (TIR) 97-8,(23) the Massachusetts DOR detailed the state's income tax treatment of LLCs and other unincorporated business entities after the issuance of the FCBRs.
However, the Massachusetts income tax treatment of all other unincorporated business entities is governed by the Massachusetts General Laws, which are unaffected by the FCBRs.