ALLOCATION - The assignment and reassignment of a cost or group of costs to one or more cost objectives based on a reasonable standard. Terms with assorted shades of meaning are cost reallocation, ...

Many taxpayers are finding—to their surprise—that, if pre-tax reform expense allocation and apportionment principles apply, the foreign tax credit limitation can result in a significantly ...

ITC Limited issued a correction today regarding the cost apportionment illustration ... The company provided updated guidance on cost allocation, stating that 86.49% of the original acquisition ...