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With that, the Tax Court affirmed its holding that the IRS lacks the statutory authority to assess the penalty under section 6038(b)(1).—Kelly Phillips Erb, Forbes, 19 Nov. 2024 The reach of the U.S. Export-Import Bank would also improve with reforms to raise its statutory default limit, exempt certain classes of loans, and to focus on export value and job creation.—Leslie Vinjamuri, Foreign Affairs, 15 Nov. 2024 The Trust is a Delaware statutory trust treated as a partnership for U.S. federal income tax purposes and is not required to pay federal or state income taxes.—Quartz Bot, Quartz, 12 Nov. 2024 The position holds statutory power over voter registration and early voting — complex and pivotal parts of election administration in the state's most populous county.—Sasha Hupka, The Arizona Republic, 5 Nov. 2024 See all Example Sentences for statutory
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