When Congress passed the Small Business Job Protection Act of 1996, for the first time several banks and thrifts were allowed to elect S status; see Sec.
What does SBA-96 stand for?
SBA-96 stands for Small Business Job Protection Act of 1996
This definition appears rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
- Sunshine Breakfast Allstars (Bickford's Sunshine Breakfast, Springfield, MA, USA)
- Survivable Branch Appliance (various companies)
- Susan B. Anthony (social reformer; appears on US dollar coin)
- Sustainable Building Advisor (construction)
- Sustainable Business Alliance (Berkeley, CA)
- Sustaining Base Automation
- Swedish Board of Agriculture
- Swiss Bankers Association
- Synchronous Bandwidth Allocation/Allocator
- Systems Builders Association
- Santa Barbara Alcoholics Anonymous
- Santa Barbara Art Association (California)
- Santa Barbara Athletic Association (California)
- School Building Assistance Authority
- School of Business Administration and Accountancy (Philippines)
- Select Benefit Administrators of America
- Serbian Bar Association of America
- Shipboard Active Antenna
- Shipboard Active Aperture (US Navy radar)
- Small Business Accounting and Advisory
Samples in periodicals archive:
The Small Business Job Protection Act of 1996 and other laws passed in recent years have facilitated entrepreneurs' access to S corporations, he said, but more liberal reform is necessary to broaden and ease entry into these entities, which offer a limited number of investors--currently not more than 75--protection from corporate creditors, the ability to deduct business losses on shareholders' individual tax returns and freedom from double taxation.
ESBTs: The ESBT is the "new kid on the block" The Small Business Job Protection Act of 1996 (SBJPA) amended Sec.
The exclusion was finally repealed by section 1602(a) of the Small Business Job Protection Act of 1996.
As examples, he cited the revisions to section 1494(c) in the Small Business Job Protection Act of 1996 and the uniform capitalization provisions in the 1986 Tax Reform Act.
This means that an S corporation can participate as a corporate entity in a reorganization; see the Committee Reports to the Small Business Job Protection Act of 1996, Section 1310.