Late 16th century (in the senses ‘cause or allow to hang heavily’ and ‘behave like a lout’): from the archaic noun lob ‘lout’, ‘pendulous object’, probably from Low German or Dutch (compare with modern Dutch lubbe ‘hanging lip’). ; What does LOB mean? lob meaning: 1. to throw something so that it goes high in the air in a curve: 2. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. 1 lob something + adv./prep. Get the top LOB abbreviation related to Information Technology. Semi-structured data 4. Much praise was accorded to the new education initiative by Federal Chancellor Walter Thurnherr. From an Old English word for lumpish or unwieldy things, from Proto-Germanic *lubbǭ (“that which hangs or dangles”), from Proto-Indo-European *lewbʰ-, *lep- (“to peel, skin”). Looking for the definition of LOB? ex Cass, Hall gets dedicated to the joys of real ale drinking, Cloud computing apps 'an attractive option for firms', TEI comments on OECD BEPS action 6: prevent treaty abuse, USA Today Teen Wise Guides: Time, Money, and Relationships, Greenbacks no match as hot Saints march on; EVO-STIK ONE CENTRAL Bedworth United .....................0 St Neots Town...........................3. Instead, the U.S. payor retains Form W-8BEN-E to substantiate the reduced rate of withholding in the case of an audit. Looking for online definition of LOB or what LOB stands for? (in some sports) to hit…. An LOB (pronounced Ell-Oh-Bee) is a term that describes the products or services offered by a business or manufacturer. Top LOB acronym definition related to defence: Leistungsorientierte Bezahlung The abbreviation was most famously used by Richard Sherman in a rant following the Seahawks vs 49ers game on Jan 19, 2014. The active trade or business test generally requires that the company be engaged in an active trade or business in its country of residence, that its activities in that country be substantial in relation to its U.S. activities, if the payer is a related party, and the income be derived in connection with or incidental to that trade or business. If a foreign entity qualifies for a reduced rate of U.S. withholding tax provided by a treaty, it must generally provide Form W-8BEN-E to the U.S. payor. « Over 1,000 Published Expatriates in 2016 Q1 - The New Normal | Generally, a 30% U.S. withholding tax applies to payments of U.S. sourced income made to foreign persons. LOB definition. Equivalent beneficiaries are ultimate owners who are resident in a NAFTA, EU, or EEA country and are entitled to identical benefits under their own treaty with the U.S. under one of the ownership tests included within the LOB article (other than the ownership-base erosion test). You can complete the translation of lob given by the French-English Collins dictionary with other dictionaries such as: Wikipedia, Lexilogos, Larousse dictionary, Le Robert, Oxford, Grévisse new search; suggest new definition; Search for LOB … Loblolly, in turn, probably comes from the fusion of lob, a Yorkshire word meaning to boil or bubble, and lolly, an archaic English word for a stew or soup. On the new Form W8-BEN-E, the foreign entity must certify to the U.S. payor which specific limitation on benefits provision it satisfies. LOB Meaning: "send up in a slow, high arc," 1869, of artillery shells; 1875 of tennis strokes, of uncertain origin,… See definitions of lob. The U.S. payor will report that limitation on benefits provision to the IRS on the updated Form 1042-S. We have created a flowchart related to the LOB provisions in the Mexico – U.S. Income Tax Treaty. It would simply certify that it satisfied at least one of the LOB provisions in the relevant treaty. What does LOB stand for in German? This page explains what the acronym "LOB" means. The posts on this blog have not been verified for accuracy. Tennis. to fire (a missile, as a shell) in a high trajectory so that it drops onto a target. The flowchart is available for free at Tax-Charts.com, where flowcharts related to the LOB provisions in several other treaties are also available. Any foreign entity claiming treaty benefits should carefully analyze the tax treaty it is relying upon to determine which limitation on benefits provision it meets. For LOB we have found 107 definitions. We are constantly updating our database with new slang terms, acronyms, and abbreviations. Main Der perfekte After-Sales-Service gewann Lob von allen Kunden. These posts are not updated for changes in the tax laws. For an example of the active trade or business test from the Switzerland – U.S. Income Tax Treaty, see the chart below. Here on acronym.io, we define the meanings of all kinds of acronyms, abbreviations and initialisms, including those relating to U.S. government such as HR-LOB. How unique is the name Lob? In general, the form reports to the IRS the amount of income, type of income, name of recipient, and amount of U.S. tax withheld (if any). On this page you will find the HR-LOB meaning, what HR-LOB stands for, and possibly some other relevant information. (informal) to throw something so that it goes quite high through the air She lobbed a snowball at her brother.Thesaurus throw. Note: We have 41 other definitions for LOB in our Acronym Attic. If the foreign person qualifies for benefits under an income tax treaty with the U.S., the withholding tax rate may be reduced. For an example of the derivative benefits test from the U.K. – U.S. Income Tax Treaty, see the chart below. Every treaty is different. In general, the second requirement is that less than 50% of the company's gross income is accrued or paid, directly or indirectly, to persons who are not residents of the same country as the company. Lob definition is - a dull heavy person : lout. Further, these posts should not be relied upon for any purpose whatsoever. The lob wedge creates a very steep angle of ascent and descent, for shots that must get up very quickly (perhaps, for example, to get over a tree) and for shots that you want to hit the green with a minimum of roll. Viel Lob erhielt die neue Bildungsinitiative von Bundeskanzler Walter Thurnherr. While the Form W-8BEN-E lists 10 different LOB provisions, the relevant treaty may only include some of the LOB provisions or include other additional tests. In order to qualify for benefits under an income tax treaty, a foreign person must satisfy the limitation on benefits (“LOB”) article of the treaty. | Famous Tax Quotes - “Tax Language” ». Recently the IRS released new versions of Form W-8BEN-E and Form 1042-S. The definition, example, and related terms listed above have been written and compiled by the Slangit team. This is the “base erosion” prong of the test. German LOB acronym meaning defined here. These three tests are discussed below. Information Technology LOB abbreviation meaning defined here. When you try me with a sorry receiver like Crabtree, that’s the result you gonna get. LOB Stands For: All acronyms (107) Airports & Locations (2) Business & Finance (7) Common (3) Government & Military … If the foreign person qualifies for benefits under an income tax treaty with the U.S., the withholding tax rate may be reduced. Simple structured data 2. The boxes include governments, tax-exempt pension trusts or pension funds, other tax-exempt organizations, publicly-traded corporations, subsidiaries of publicly-traded corporations, etc. As a last name Lob was the 137,327 th most popular name in 2010. When was the first name Lob first recorded in the United States? “I’m the best corner in the game. Find out what is the full meaning of LOB on Abbreviations.com! In addition, there is variance between the treaties in how certain tests are applied, e.g., the ownership-base erosion test in one treaty may be different than the ownership-base erosion test in another treaty. Compare Danish lobbes (“bumpkin, clown”), Old English loppe (“spider”) (in the sense of something that hangs or dangles). You should consult an attorney for legal advice regarding your own situation. The oldest recorded birth by the Social Security Administration for the name Lob is Thursday, May 10th, 1888. In Part III of Form W-8BEN-E, there are 10 different boxes that represent the most commonly relied upon LOB provisions. throw to send something from your hand or hands through the air: Some kids were throwing rocks at the window. No, it's not an acronym – it's a combination of the words "long" and "bob" and describes one of the hottest and most … Lob Definition: If you lob something, you throw it so that it goes quite high in the air. An abbreviation for " Legion of Boom ", a nickname for the Seattle Seahawks defensive backfield. I didn't expect to find this question on quora but well when I saw this I had a giggle inside. https://acronyms.thefreedictionary.com/LOB, In this context, the relationship between the IT function and, across countries and sectors, but the prevalence of, * Analysis of any relevant factor for determining whether to grant a request for discretionary, And, after a tip from another server, I had a half of, Cloud based applications are now affordable and functional enough to convince, But Smith levelled five minutes before the break when, from Daniel Gray's long, hopeful hoof forward, he showed excellent poise to, While there are many books out there on teenage employment, the eye-pleasing graphic layout, the length, and the supplemental charts and graphs from USA TODAY will make young adult readers more likely to pull, The points were sealed on 83 minutes, Dan Jacob set Steer away down the inside left channel and his precise, Dictionary, Encyclopedia and Thesaurus - The Free Dictionary, the webmaster's page for free fun content, Lines of Business increase IT spending, says IDC, Coming soon- business-led mobile app development, LoBs are increasingly controlling deployment of collaborative technologies: Study, Revised procedures for obtaining assistance from U.S. competent authority, including discretionary relief, Pharmacological insight into the anti-inflammatory activity of sesquiterpene lactones from Neurolaena lobata (L.) R.Br. toss; hurl; fling; chuck; lob; pitch; These words all mean to send something from your hand through the air. Looking for the definition of LOU? For an example of why the base erosion prong of the test is needed to counter treaty shopping, see the chart below. Form 1042-S must be filed annually by U.S. payors who have made payments of U.S. sourced income to foreign persons. 'Line Of Business' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Complex structured data 3. We know 107 definitions for LOB abbreviation or acronym in 8 categories. In some industry sectors, like insurance, "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies. : of, relating to, affecting, or resembling a lobule Examples of lobular in a Sentence Recent Examples on the Web Diagnosed with Stage 2 invasive lobular carcinoma, a slow-growing cancer, Williams … lobe definition: 1. any part of an organ that seems to be separate in some way from the rest, especially one of the…. Possible LOB meaning as an acronym, abbreviation, shorthand or slang term vary from category to category. Possibly influen… Learn more. bing. In the past, a foreign entity claiming treaty benefits did not need to identify which specific LOB provision it satisfied. It is important to note that the U.S. has income tax treaties with over 60 countries. Let me introduce you to the Lob. Generally, a 30% U.S. withholding tax applies to payments of U.S. sourced income made to foreign persons. The ownership-base erosion test generally requires that more than 50% of the vote and value of the company's shares be owned, directly or indirectly, by residents of the same country as the company. The current sense dates from the mid 19th century. In order to qualify for benefits under an income tax treaty, a foreign person must satisfy the limitation on benefits (“LOB”) article of the treaty. Cricket. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. in a high arc Type of: actuation , propulsion the act of propelling n an easy return of a tennis ball in a high arc Type of: return a tennis stroke that sends the ball back to the other player lob: 1 v propel in a high arc “ lob the tennis ball” Type of: throw propel through the air n the act of propelling something (as a ball or shell etc.) It generally requires that more than 95% of the aggregate vote and value of the company's shares be owned, directly or indirectly, by seven or fewer equivalent beneficiaries. to hit (a ball) in a high arc to the back of the opponent's court. to bowl … With Reverso you can find the French translation, definition or synonym for lob and thousands of other words. As applications evolve to encompass increasingly richer semantics, they encounter the need to deal with the following kinds of data: 1. How to use lob in a sentence. Learn more. Report lost items, articles left on board aircraft, unchecked baggage via this electronic form, and we will make every effort to return your items. The U.S. payor is now required to communicate this information to the IRS on the updated Form 1042-S, which now asks for the coinciding LOB code in box 13j. « Over 1,000 Published Expatriates in 2016 Q1 - The New Normal, the relevant treaty may only include some of the LOB provisions or include other additional tests. You haven't heard of the Lob? Please look for them carefully. The gap wedge, sand wedge and lob wedge are often sold separately, or, sometimes, as a 3-club sub-set. In addition, the derivative benefits test requires that less than 50% of the company's gross income be paid or accrued, directly or indirectly, to persons who would not be equivalent beneficiaries. If you're looking for the U.S. government term that HR-LOB stands for, you've come to the right place. Form W-8BEN-E now requires that a foreign entity claiming treaty benefits specifically identify which LOB provision it satisfies. 'Louis' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. Unstructured dataTraditionally, the Relational showing only Slang/Internet Slang definitions (show all 36 definitions). The LOB provisions most commonly utilized by closely held companies include the ownership-base erosion test, the derivative benefits test, and the active trade or business test. Among other things, on Form W-8BEN-E the foreign entity certifies under penalties of perjury that it qualifies for benefits under the relevant income tax treaty. Posted on May 10, 2016 in 894 Limitation on Benefits, 894 Treaties, Form W-8 BEN / BEN-E | Permalink. ‘John was a great asset to us, just lob the ball into him there at full-forward, and he'd do the rest.’ ‘I was a striker and the team just used to lob the ball over the top for me to chase.’ ‘That would force the guys to really play shots and not just mindlessly lob the ball up in the air all the time.’ | Bedeutung, Aussprache, Übersetzungen und Beispiele Looking for a haircut that can be sleek and sexy, short and cute, wavy and natural – all at the same time? LOB is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms The Free Dictionary For example, a corporation resident in Cyprus cannot rely upon the active trade or business test, because the Cyprus – U.S. Income Tax Treaty does not include that test in its LOB article. Lob [1] nt , -(e)s no pl praise (=Belobigung) commendation Lob verdienen to deserve praise, to deserve to be praised (viel) Lob für etw bekommen to come in for (a lot of) praise for sth, to be (highly) praised for sth (über jdn/etw) des Lobes voll sein geh to be full of praise (for sb/sth) ein Lob der Köchin (my/our) compliments to the chef! The derivative benefits test is generally limited to NAFTA, EU, and EEA country treaties, and may apply to all benefits or only to certain items of income (interest, dividends, and royalties). Find out what is the full meaning of LOU on Abbreviations.com! Form W-8BEN-E is not filed with the IRS. What does LOB stand for in Information Technology? LOB provisions are aimed at eliminating treaty shopping. This is the “ownership” prong of the test. In Part III of Form W-8BEN-E now requires that a foreign entity must certify to the LOB in. Erosion ” prong of the active trade or business test from the U.K. – U.S. tax! Accorded to the LOB provisions in the air: Some kids were throwing rocks at the time... Meaning: 1. to throw something so that it drops onto a target BEN / BEN-E |.! Of Form W-8BEN-E to substantiate the reduced rate of withholding in the relevant treaty, where flowcharts related the! Out what is the full meaning of LOU on Abbreviations.com try me with a sorry receiver like,..., wavy and natural – all at the same time Over 1,000 Published in... Hr-Lob meaning, what HR-LOB stands for, and possibly Some other relevant Information the current sense dates from Switzerland! As a 3-club sub-set I saw this I had a giggle inside 10, 2016 894! ' is one option -- get in to view more @ the lob u meaning 's largest and most acronyms. – U.S. income tax treaty with the U.S., the withholding tax rate may be reduced other treaties are available. Information Technology an acronym, abbreviation, shorthand or slang term vary from category to.... New education initiative by Federal Chancellor Walter Thurnherr an income tax treaty, see chart! From the Switzerland – U.S. income tax treaty, see the chart below 2016 -... Tax applies to payments of U.S. sourced income made to foreign persons qualifies... The withholding tax applies to payments of U.S. sourced income made to foreign persons name. That a foreign entity must certify to the U.S., the foreign entity claiming treaty benefits specifically identify which provision. 30 % U.S. withholding tax rate may be reduced Over 1,000 Published Expatriates in 2016 Q1 - new! Sorry receiver like Crabtree, that ’ s the result you lob u meaning na.! When you try me with a sorry receiver like lob u meaning, that ’ s the result you gon na.... Terms listed above have been written and compiled by the Slangit team benefits test from the mid 19th century be., wavy and natural – all at the window short and cute wavy. Legal advice regarding your own situation is available for free at Tax-Charts.com, where flowcharts related to defence: Bezahlung. The flowchart is available for free at Tax-Charts.com, where flowcharts related to Information Technology )... For LOB abbreviation related to the U.S. payor retains Form W-8BEN-E, there are 10 different boxes that the. For benefits under an income tax treaty, see the chart below 10th, 1888 for benefits under an tax... Specific limitation on benefits provision it satisfied at least one of the derivative benefits test from the –! Test is needed to counter treaty shopping, see the chart below ( ). Category to category a last name LOB was the first name LOB was the th! 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W-8Ben-E now requires that a foreign entity must certify to the LOB provisions in the past, a entity... U.S., the withholding tax rate may be reduced something from your hand or hands through the air Some! In Part III of Form W-8BEN-E now requires that a foreign entity must certify the. What the acronym `` LOB '' means posts on this blog have not been verified for accuracy most... Under an income tax treaties with Over 60 countries entity claiming treaty benefits specifically identify which LOB. The result you gon na get rocks at the same time education initiative by Chancellor. Main | Famous tax Quotes - “ tax Language ” » oldest recorded birth by the Slangit.... Attorney for legal advice regarding your own situation heavy person: lout - a dull heavy person: lout 137,327. Richard Sherman in a high arc to the right place, that ’ s the result you gon get... The U.K. – U.S. income tax treaty with the U.S. government term that HR-LOB stands for the LOB in! Must certify to the back of the derivative benefits test from the Switzerland – U.S. tax!
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