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    News and Articles on De Minimis



    Miscount casts doubt on Equity election procedure  Oct 10, 2008
    Electoral Reform has confirmed that there is absolutely no reason why Equity should not accept their report on the election and that any error in its administration are de minimis [level of risk too small to be concerned with. We are considering a change in our rules that would bring our balloting procedures into line with the practice in other unions, so that such a circumstance can never happen again. (Stage, UK)

    Public Information Notice: IMF Executive Board Discusses the Policy for Country Contributions for Capacity Building  Oct 4, 2008
    Exempt from the policy are (1) assessments under the Financial Sector Assessment Program (FSAP) or Reports on the Observance of Standards and Codes (ROSCs); (2) donor-financed TA; (3) TA to program countries; (4) TA interventions falling under a de minimis threshold; (5) regional TA seminars, workshops and conferences; and (6) cross participation of Fund staff in other international organizations' TA missions ... Directors also saw merit in not requiring country contributions for TA delivery... (IMF News)

    Economic Stabilization act full text  Oct 3, 2008
    4 (A) DE MINIMIS. The Secretary shall es5. tablish de minimis exceptions to the require6. (Gillette News-Record, WY)

    Citi, UBS, Merrill Say `Oops' on Auction Freezeout  Aug 12, 2008
    Asked what kind of an impact the buyback would have on its balance sheet, Citigroup spokesmen said, ``de minimis,'' a Latin expression meaning insignificant ... Because of all this, customers have sworn blood oaths against their brokers -- even ones whom they had worked with for years -- and now say they will never trust their securities firms in particular and big Wall Street firms in general ever again -- and this was ``de minimis ... If this was ``de minimis,'' then why was it so important... (Bloomberg -- Columnists)

    Citigroup agrees to $US7.5b securities buyback  Aug 8, 2008
    Citigroup agrees to $US7. Welcome to The Sydney Morning Herald. (Sydney Morning Herald -- Business)

    Northern Oil: A Question of Value  Aug 1, 2008
    Reger contends that sales are permitted "under certain limited circumstances" and that he and Gilbertson have sold a "de minimis amount" for estate planning. He didn't elaborate on the "circumstances.". (SmartMoney)

    TBJ poll: Readers mixed on N.C. oil drilling  Jul 30, 2008
    Why risk the coastline hurting not just the environment but the long-term economy for short-lived, de minimis gains. Even Bush states that we are oil addicts. (Triangle Business Journal)

    LETTERS: NCT, July 21, 2008  Jul 22, 2008
    "Provide de minimis assistance to the candidate with logistical arrangements," said the cable, according to the Times. "If the campaign staff wants to rent a bus for press, tell them where they can rent a bus.". (North County Times)

    After-hour Blackberry use causes workplace spats  Jun 26, 2008
    Legal expert Mr. Thompson said many of the disputes could be decided on the basis of what in law is called de minimis. What that means is, Is it too trivial for the law to mess with. (Globe and Mail -- Technology)

    CIS hurtling towards. what? By Rebecca Benneyworth  May 21, 2008
    CIS hurtling towards. By Rebecca Benneyworth - 21 May 2008. (Accounting Web, UK)

    Despite ad blitz, airport sees few Illinois travelers  May 16, 2008
    "Try as we might, it's been de minimis," Bateman said. This article is for Paid Print Subscribers ONLY.. (Milwaukee Business Journal, WI)

    When the taxman pressed ctrl+alt+del on Microsoft  Apr 5, 2008
    The US regulations also provide that if a person acquires a copy of a computer program but does not acquire any of the rights described above or only acquires de minimis grant of such rights, the transfer of copy of computer program is to be classified solely as a transfer of a copyrighted article. In the instant case, the end user does not obtain the rights to commercially exploit the software and hence ideally the income generated ought not to be subject to tax in India. (Hindu)

    Lutnick's challenge to CME is 'deadly serious'  Mar 15, 2008
    Richard Sandor, a veteran of the futures industry whose Climate Futures Exchange is just two years old, was more blunt, calling the chances of success de minimis. . (Crain's Chicago Business)

    Mayor reimburses state for SUV use  Mar 8, 2008
    The state agency, which will pass on the check to the federal government, wrote a Feb. 25 letter to Mr. Huss accepting his estimate that the vehicle was driven 300 miles "outside of its intended purpose," and finding the value of that use to be "de minimis." However, in response to the administration's desire to make repayment, the agency used the federal reimbursement rate of 48. 5 cents a mile to calculate the value. (Pittsburgh Post-Gazette, PA)

    MGIC Files Registration Statement for Common Stock Offering  Mar 4, 2008
    The registration statement currently covers a de minimis number of shares and will be amended to reflect the actual number of shares to be offered when determined. The registration statement indicated that MGIC might raise additional capital in forms other than common stock. (PR Newswire)

    Northern Rock shares suspended  Feb 18, 2008
    However The Daily Telegraph has learned that The Treasury had already warned shareholders that in the case of nationalisation any shareholder settlement would be de minimis. Banking sources suggested this could mean shareholders getting as little as 5p per share. (Telegraph.co.uk)

    Not all non doms own Premier Football Clubs. By Rebecca Benneyworth  Feb 14, 2008
    However, the interest earned on the account is modest, so Peter has decided that the 1,000 income and gains de minimis will be sufficient to keep Mr A within the remittance basis in 2008/09. Under the proposals, if the unremitted income and gains of the year do not exceed 1,000 the remittance basis is automatic, and there is no loss of UK personal allowances. (Accounting Web, UK)

    Our country's moral foundation is eroding  Jan 25, 2008
    " -Thomas Jefferson, letter to Samuel Kercheval Madison, James Religious bondage shackles and debilitates the mind and unfits it for every noble enterprise -James Madison, Letter to William Bradford During almost fifteen centuries has the legal establishment of Christianity been on trial. What have been its fruits? More or less, in all places, pride and indolence in the clergy; ignorance and servility in laity; in both, superstition, bigotry, and persecution. -James Madison, Memorial and... (Lodi News Sentinel, CA)

    Alliance Atlantis deal unlikely to spur media investments: experts  Dec 22, 2007
    Ben Mogil, an analyst at Westwind Partners Inc., told clients in a note that the change is "relatively de minimis" given the combined earning potential of the combined broadcasting businesses. Financial Post. (Financial Post)

    U.S. Consumers' Hurt, Ethanol's Plight, Blodget's Bid: Timshel  Dec 21, 2007
    The posting called on the company to buy Silicon Alley Insider ``for a de minimis amount, say $50 million in stock, and once the deal is complete, we'll take over the executive suites. . (Bloomberg -- Columnists)

    Dreams of a Rock rescue fading fast  Dec 14, 2007
    It will meet earnings forecasts for this year, even after taking a hit of 180m - "de minimis," it boasted - on sub-prime exposures. It has also benefited from the woes of Northern Rock, enjoying an inflow of deposits and a return to a share of mortgage lending in the UK of 18. (Guardian Unlimited)

    Recording Industry Tells Court (Again) That MP3s Are a Crime  Dec 12, 2007
    WAAAAY back when the SCOTUS ruled on betamax it acknowledged "making copies" was, in fact, a violation of copyright, but pointed out this was a "de minimis infringement.". There is nothing at all new about the idea that copying music is an infringement of copyright. (Wired News)

    California Sues E-Voting Vender  Nov 22, 2007
    "It was also the practice at the time in California and other states that further notice of such de minimis modifications, approved by federal authorities, was not necessary.". ESertified by California to sell its AutoMark Version 1. (eWeek)

    I shall be whiter than the whitewash on the wall. By Simon Sweetman  Nov 9, 2007
    99 into each one, so there can be no de minimis limits. So then we get a whole system set up to make sure people are doing what they are supposed to be dealing, and now weve got a whole lot more in the 2007 regulations, despite the fact that nobody has been prosecuted for failing to do their stuff. (Accounting Web, UK)

    Former Fish Partner Speaks Out on Patent Dispute  Oct 19, 2007
    "I didn't use any real resources. Can I tell you I never picked up a pen owned by Fish? I can't tell you that. But if I did it was de minimis.". THAT CHICAGO OUTFIT. (Law.com)

    Press Briefing by Senior Administration Officials on Aviation Congestion Announcement  Sep 28, 2007
    I think to a large degree it is perception, because under the NEPA guidelines, we found a de minimis increase in noise as part of that air design ... ADMINISTRATOR STURGELL: Any increases under the NEPA guidelines will be de minimis, according to our analysis. (White House News Releases)

    Sallie Mae Buyers Balk at Deal Terms  Sep 27, 2007
    SLM regards that dropoff as "de minimis" and insufficient to trigger a clause in the deal that would entitle the buyout group to walk away, according to a person close to the company. Still, the notification from Flowers' camp that the group doesn't intend to go through with the deal at its original price opened the door for the terms to get renegotiated, according to people familiar with the matter. (SmartMoney)

    SCO's Last Bankruptcy Straw  Sep 19, 2007
    "The range of the payment to Novell could have been from a de minimis amount to in excess of $30,000,000, the latter amount being the amount claimed by Novell, including interest," SCO stated in the filing. "Novell has sought to impose a constructive trust on the company's current funds derived from these sources, which could result in a freeze of the company's assets, and the court indicated that it would address that issue, as well.". (CIO Information Network)

    Finish Line to Wind Down Paiva Stores  Aug 28, 2007
    The Company is exploring opportunities to redeploy Paiva employees to positions in its Finish Line stores and therefore currently expects any severance costs to be de minimis. The Finish Line, Inc. is one of the largest mall-based specialty retailers operating under the Finish Line, Man Alive and Paiva brand names. (PR Newswire)

    Crist: Early primary 'paying dividends' (9:05 am)  Aug 23, 2007
    They entered into an agreement to partner with the state of Florida to clean up the Everglades and I think weve spent about $2 billion toward it and the commitment, the partnering if you will, from the federal government has been de minimis. It hasnt happened. (Pensacola News Journal)

    NU investigating possible NCAA violations in baseball program  Aug 12, 2007
    The NCAA internet site states: ll Level II violations are either de minimis (do not affect eligibility) or restitution (eligibility reinstated upon repayment of the value of the impermissible benefit to a charity). Some violations, although designated as Level II, require that specific penalties be imposed or specific actions be taken. (Columbus Telegram, NE)

    Universal Music to Start DRM-Free Experiments  Aug 11, 2007
    That's the main reason for this move; as we have seen, the effect of DRM (when used with legal download services like iTunes) on piracy is, as the lawyers like to say, de minimis. UMG will continue to require DRM for subscription services such as those of Rhapsody, Napster, and MTV's URGE, as well as for iTunes. (eSecurityPlanet)

    Matalin Sticking With...  Jul 27, 2007
    He's de minimis as coined by power line. Posted by: Imwithdeminimis | July 26, 2007 09:37 PM. (The Drudge Report)

    Fred Thompson Shakes Up Campaign Staff...  Jul 25, 2007
    Momentum--more like "de minimis" ... Fred is the true de minimis candidate. (The Drudge Report)

    Not just pipe dreams  Jul 25, 2007
    "We understand where they're coming from, but right now there's so little biodiesel sold in Texas compared to diesel, the impact is de minimis," Berndt said. "There's a reluctance from investors to put more money in the state of Texas to grow the industry because of the uncertainty.". (The Daily Texan, TX)

    Big tax errors spell misery for lower income pensioners  Jul 21, 2007
    In addition to this incorrect guidance a number of inappropriate local agreements were made between local tax offices and pension providers to exclude some pensions from tax on a de minimis basis ... In some cases it now appears that the de minimis amounts have been increased over the years, in some cases with the authority of the local tax office and in some cases without. (Accounting Web, UK)

    CableCards: The Million-Dollar Questions  Jun 16, 2007
    This is not an expensive piece of equipment the cost of the CableCard is de minimis, she said. The CEA claims its members have shipped 8 million CableCard-ready TV sets to date. (Multichannel News)

    N.J. May Give Pet Owners Right To Sue  May 22, 2007
    "Unless you live with Rin Tin Tin, in most instances that's de minimis value." ... "Unless you live with Rin Tin Tin, in most instances that's de minimis value," she said. (CBS News)

    New Jersey law would give pet owners right to sue  May 19, 2007
    "Unless you live with Rin Tin Tin, in most instances that's `de minimis' value," she said. . (Newsday -- State)

    CIS: So, who has to register? By Rebecca Benneyworth  May 14, 2007
    The term carrying on a business which includes construction operations does not have a de minimis associated with it. If your business includes construction operations, then you must register as a contractor. (Accounting Web, UK)

    Reverse charge VAT rules How will they impact your business?  Apr 18, 2007
    Further complexities of the 5,000 de minimis ruleThe application of the 5,000 threshold on an invoice value can be further complicated for businesses that encounter any of the following trading scenarios. A) Where you part-deliver and part-invoice against an original orderIf you receive an order from a customer for 6,000 worth of mobile phones but subsequently deliver and invoice the product in two separate consignments - each of 3,000 - then reverse charge VAT will no longer apply and you... (Accounting Web, UK)

    U.S. Cellular Announces Accelerated Share Repurchase Program  Apr 6, 2007
    This authorization is in addition to U.S. Cellular's existing de minimis share repurchase authorization that permits the repurchase of approximately 170,000 shares within any three month period. About U.S. Cellular As of Dec. 31, 2006, U.S. Cellular, the nation's sixth-largest wireless service carrier, employed 8,100 people and provided wireless service to 5. (PR Newswire)

    Dems in Congress up ante on the war  Mar 16, 2007
    " Biden said the White House is imploring Republicans to give the troop increase -- the initial 21,500 Bush ordered plus as many as 7,000 more the administration is expected to request -- a chance to work through the summer and into fall. "If we are where we are today, and I pray I am wrong," Biden said, "the likelihood that 21 Republican senators up for re-election will stay with this policy is de minimis. " Although Republicans relented on allowing a debate, a vote on the resolution itself may... (San Francisco Chronicle)

    How to Avoid Lawsuits by Tech-Driven Employees  Mar 9, 2007
    To minimize FLSA liability, policies also should provide that nonexempt employees are not expected to spend more than a de minimis amount of time checking messages from outside the office and that employees should report on their timesheets time spent outside of work to check e-mail and voice mail messages when it exceeds certain thresholds carrying FLSA consequences. 2) Research new technology, prepare policies addressing new technology, communicate policies in writing to employees and secure... (Law.com)

    City to announce Olympic guarantee plan Friday  Mar 9, 2007
    And therefore its far enough remote we think the chances for the city of Chicago being asked to perform under it are de minimis, Mr. Levenson says. The plan may be submitted to the City Council for consideration as soon as Monday. (Crain's Chicago Business)

    Back to Sweet Reason  Feb 14, 2007
    How minimis is "de minimis". How grand is "grand" larceny. (Human Events Online)

    OMB Watch Proposes Revision to Grassroots Lobbying Disclosure Provision  Jan 26, 2007
    (d) Good Faith Estimates and De Minimis Rules for Paid Grassroots Lobbying- (1) IN GENERAL- Section 5(c) of the Act (2 U.S.C. 1604(c)) is amended to read as follows: `(c) Estimates of Income or Expenses- For purposes of this section, the following shall apply: `(1) Estimates of income or expenses shall be made as follows: `(A) Estimates of amounts in excess of $10,0000 shall be rounded upward to the nearest $20,000. (B) In the event income or expenses do not exceed $10,000, the registrant shall... (OMB Watch)

    Hitting Bottom:  Jan 26, 2007
    This U.N. argues that "The de minimis principlethat the law does not concern itself with trivial matters" will keep minor assaults on children out of court, just as it does almost all minor assaults between adults. The U.N. Committee on the Rights of the Child has been urging countries to ban corporal punishment since 1996. (Slate)

    Test on farm trade row at the heart of WTO deadlock  Jan 23, 2007
    It is widely assumed that the US has at least a further $US5 billion of cuts up its sleeve made up of so-called "product-specific de minimis" support, which it rarely uses. The US is also under pressure to tighten disciplines in the so-called "blue box", a halfway house between farm aid that is considered trade distorting and aid that is not, such as rural development spending. (The Age)

    Thinking Right: Those Iraq polls  Jan 11, 2007
    Common sense conservativism. The entry titled "On Iraq, polls be damned," and any of the comments about it. (Atlanta Journal-Constitution)

    House Imposes New Ethics Rules  Jan 11, 2007
    cannot accept travel funded by lobbyists or the entity that retains or hires them, or a foreign agent, except for one-day/one-night trips to specific sites, where there is "de minimis" lobbyist involvement. The ethics committee will write rules to govern these situations, which are meant to allow trips to give speeches and attend forums or panel discussions. (OMB Watch)

    State House Democrats reject tough GOP rules  Jan 9, 2007
    Richardson, GOP whip in the House, said it was "absurd" to implement a $10 rule, noting it would be virtually impossible to set values on routine, de minimis gifts that are given to members. Advertisement. (Mail Tribune, OR)


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