While a full examination of the material participation tests of Section 469 is beyond the scope of this post, the regulations under that section provide seven tests that if satisfied, will convert an activity from passive to nonpassive.

FORBES: Overview Of The New 3.8% Investment Income Tax, Part 1

National Australia Bank, 130 S. Ct. 2869 (2010), the Supreme Court significantly limited the extraterritorial scope of Section 10(b) of the Exchange Act.

FORBES: Auditors Abandon Investors On Liability Limits

" In addition, I noted to the PMC that Section 223 also required each agency to report to Congress by the spring of 1998 "on the scope of their program or policy, the number of enforcement actions against small entities that qualified or failed to qualify for the program or policy, and the total amount of penalty reductions and waivers.

WHITEHOUSE: Statement of John D. Graham