RS 01802.324 Sharing of Profits and Losses

A. OPERATING POLICY

  • Customarily, in a predetermined amount.

  • Normally in proportion to their contributions.

B. OPERATING PROCEDURE

  • May be assumed in husband/wife businesses unless there is evidence to the contrary.


To Link to this section - Use this URL:
http://policy.ssa.gov/poms.nsf/lnx/0301802324
RS 01802.324 - Sharing of Profits and Losses - 09/15/1997
Batch run: 01/27/2009
Rev:09/15/1997