Compounding limits set lower and upper bounds as greater of a fraction of tax or fixed monetary floors. Monetary limits for compounding amount create a band defined by two comparative rules: the lower limit is the greater of a proportion of the tax involved or a fixed monetary floor, and the upper limit is the greater of a larger proportion of the tax involved or a higher fixed monetary ceiling.
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Provisions expressly mentioned in the judgment/order text.
Compounding limits set lower and upper bounds as greater of a fraction of tax or fixed monetary floors.
Monetary limits for compounding amount create a band defined by two comparative rules: the lower limit is the greater of a proportion of the tax involved or a fixed monetary floor, and the upper limit is the greater of a larger proportion of the tax involved or a higher fixed monetary ceiling.
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