Where the employee receiving such benefits is a director of the company concerned, the benefits are taxable regardless of the level of remuneration. The liability to tax also applies in respect of benefits provided by an employer for a member or members of an employee's family or household.
Federal Acquisition Regulation (FAR) Federal Acquisition Regulation (FAR) is the body of laws that govern the U.S. Federal Government's procurement process.
Orders placed against GSA Multiple Award Schedule (MAS) contracts, using the procedures in Federal. Acquisition Regulation (FAR) 8.4, are considered to be issued using full and open competition (see FAR. 6.102(d)(3)). Ordering activities shall not seek competition outside of GSA Schedules or synopsize the.