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19:07 Aug 22, 2012 |
Arabic to English translations [PRO] Law/Patents - Law (general) / Civil and Commercial Procedural Code | |||||||
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| Selected response from: Liliane Hatem Lebanon Local time: 22:41 | ||||||
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Summary of answers provided | ||||
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5 +2 | claim of right |
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4 | Interest Claim |
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Interest Claim Explanation: Interest Claim |
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claim of right Explanation: A taxpayer may be able to deduct or, in some cases, claim a credit for amounts the taxpayer is required to repay that the taxpayer included in income in a prior year or years under a claim of right. The term "claim of right" means that, based on the available facts, the taxpayer had an unrestricted right to the income. |
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