PIL

(redirected from payment in lieu)
AcronymDefinition
PILPayment in Lieu (finance)
PILPatient Information Leaflet
PILPeople in London (UK)
PILPublic Interest Litigation
PILPublic Image Ltd
PILPublic Image Limited (band)
PILPilsner
PILProdotto Interno Lordo (Traduzione Italiana, GDP)
PILPurpose in Life (psychological assessment test)
PILPacific International Lines (shipping line)
PILPython Imaging Library
PILPartido de Independientes de Lanzarote (Party of Independents from Lanzarote, Spain)
PILPersistent Intent Log
PILPrecision In Language
PILPravic Intelektualne Lastnine (Slovenian: Intellectual Property Rights)
PILPrimary Inspection Line (Canadian border services agency)
PILPontificio Istituto Liturgico (Italian: Pontifical Institute of Liturgy)
PILParts Identification List
PILProcedure Implementation Language
PILPassenger Information List (airlines)
PILPage Interchange Language
PILPublishing Interchange Language
PILProduct Innovation Lifecycle (Systems, Applications, and Products in Data Processing)
PILPrioritized Improvement List
PILPreferred Item List
PILPacific India Lines (Singapore)
PILProcurement Instruction Letter
PILProcess Improvement Library
PILPersonal Improvement Limited (UK)
References in periodicals archive ?
However, legislation has now been introduced which means that from April 6, 2018, any payment in lieu (regardless of whether there is an express PILON clause or not) is now taxable.
McDonald said the school's gift represents a sum slightly more than a traditional payment in lieu of taxes based on the assessor's office calculation for fiscal 2008.
The group of terminated employees claim they have been prevented from seeking new employment, and have been denied adequate notice, or payment in lieu of notice, simply because they were expatriates.
Farley Realty distinguished Dorzback, because of the difference between a payment in lieu of fixed interest and true participation in an appreciation of property.
That is, they must agree to participate knowing that they will receive a cash payment in lieu of traditional services if assigned to the treatment group, but that only half of all participants will be assigned to the treatment group.
By far the most common of wrongful dismissal is when an employee is dismissed without notice or a payment in lieu of notice.
Even if an employer decides to dismiss an employee who has been on long-term sick leave, they will have to make a payment in lieu of holiday accrued during the sickness period.
Consumers Union also has a payment in lieu of taxes (P.I.L.O.T.) agreement with the IDA in which the company pays the City $120,000 a year as long as it has outstanding loan commitments through the IDA.
If an employee is dismissed and not asked to work his/her notice, then an employer may avoid liability for breach of contract by making a 'payment in lieu of notice' ' which is equivalent to what the employee would have received if he/she had worked during the notice period.
Taxes are just $2.37 per square foot due to a payment in lieu of taxes agreement with local officials.
Payment in lieu is normally only allowed when employment comes to an end.
(payment in lieu of taxes) agreement, an exemption from sales and use tax for purchases related to the project and a mortgage recording tax exemption.