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.
CONTRACTOR PERFORMANCE ASSESSMENT. REPORTING SYSTEM (CPARS) The Federal Acquisition Regulation (FAR) requires that contractor performance information be. collected (FAR Part 42) and used in source selection evaluations (FAR Part 15). In October. 2004, the Department of Defense (DoD) Business Transformation Agency (BTA) was.