Sentences with phrase «date of acquisition»

If you give or receive Bitcoin as tip or gift, it is better to divulge or ask for information about the cost basis and date of acquisition of the digital currency in question.

As per the Supreme Court order, the Date of registration (Title Deed / Sale Deed) should be considered as date of acquisition while calculating the holding period and Capital Gains.

To avail of capital gain exemption, the bonds so acquired can not be transferred or converted into money or any loan or advance can be taken on security of such bond within 3 years from date of acquisition else, the benefit would be withdrawn

Dear Pramod, Allotment Letter date can be date of acquisition for Calculating Long Term Capital Gains.

The form also reports cost basis information, including date of acquisition, type of gain or loss, cost or other basis, wash sale loss disallowed, for eligible accounts, and whether basis information was reported to the IRS.

Rather than being organised by date or genre, the photographs are arranged by date of acquisition, with each page including annotations by Hoppen about their discovery and the history behind the works.

The rule requires fund companies to report to the IRS certain information such as date of acquisition, proceeds and cost basis on covered shares sold or exchanged in any taxable (non-retirement) account and any account owned by an S corporation.

Today, if you redeem after your investment completes one year, say on 10th Aug 2018 and the NAV on that day is Rs. 18, then you will have to pay tax on Rs. 3 (18 - 15) instead of Rs. 8 (18 - 10) as the date of acquisition has changed from the actual date (August 9, 2017) to the grandfathered date (January 31, 2018).

As per CBDT notification in April 2014, agreement date is the date of acquisition of the asset (not sale deed registration date) and capital gain is decided based on this date.Please check and clarify.

Also, the investment has a lock in period of 3 years from the date of acquisition.

First, JPMC proposes to exclude from its risk - weighted assets, for purposes of applying the Board's risk - based capital guidelines for bank holding companies, the risk - weighted assets of Bear Steams existing on the date of acquisition of Bear Stearns by JPMC, up to a total amount not to exceed $ 220 billion.

For bonds acquired after April 1993, the amount of a bond's market discount is accreted between the bond's date of acquisition and its date of maturity.

Second, JPMC proposes to exclude from the denominator of its tier 1 leverage capital ratio, for purposes of applying the Board's tier 1 leverage capital guidelines for bank holding companies, the assets of Bear Stearns existing on the date of acquisition of Bear Stearns by JPMC, up to an amount not to exceed $ 400 billion.

This is not necessarily someone who has never owned a home, but it must be someone who has not owned a principal residence during the two - year period ending on the date of acquisition of the new home.

Taxable distributions from an IRA might be exempt from the pre-59 1/2 10 percent penalty (but not taxes) if you are a «first - time home buyer,» which the IRS defines as someone who «had no present interest in a main home during the two - year period ending on the date of acquisition of the home.»

As long as the sale of the taxpayer's principal residence occurs more than five years after the date of the acquisition of the residence, however the Section 121 (d)(10) limitation does not apply and gain (other than gain resulting from accumulated depreciation) may be excluded under Section 121 assuming that the sale otherwise satisfies the requirements for the home sale exclusion, such as the two - year use requirement.

The fair market value of the property on the date of acquisition (whether inheritance or other means) becomes your adjusted cost base.

Contingent deferred consideration is payable to the vendors by reference to the acquired businesses» performance against agreed targets for the next three years following the date of acquisition.

Contingent deferred consideration is payable to the vendors by reference to the acquired businesses» performance against agreed targets for the next 12 months following the date of acquisition.

Starting with the 2016 tax year (forms that are filed in April 2017), any person who sells a property in Canada will be required to report basic information such as date of acquisition, date of sale, proceeds of disposition and a description of the property on their income tax and benefit return.

The EAT must transfer the property held within 180 days from the date of acquisition to either the taxpayer (in the event EAT held the replacement property) or the buyer (in the event the EAT held the relinquished property).

Holding Chubb to the date of acquisition reminds me of an old investing adage:

However, starting with the 2016 tax year you will be required to report basic information such as date of acquisition, date of sale, proceeds of disposition and a description of the property on your income tax and benefit return in order to qualify for the principal residence exemption.

Normally, the marital component of nonmarital property is measured from the date of marriage or date of acquisition (whichever is later) to the date of separation or date of trial (whichever results in the smaller value).

Section 7 (2) of the Matrimonial Property Act provides that it is the «market value» at the date of acquisition of a property that is exempt from distribution.

Revenue in fiscal year 2012 also included Skype revenue from the date of acquisition.

They include job information (announcement number, title and grade), personal information (full name, address, phone, social security number, and country of citizenship), veteran's preference or reinstatement eligibility (if applicable), education (chronological listing of high school and colleges with degree types, dates of acquisitions, major subjects, GPAs and total credits earned), and extensive work experience (with previous salaries included).

In more complex cases, retirement accounts, investment accounts, royalties, patents, or private businesses may be divided by complex formulas involving the date of acquisition and whether or not the asset was enhanced by the community in some way.

Generally, you are a first - time homebuyer if you had no present interest in a main home during the 2 - year period ending on the date of acquisition of the home which the distribution is being used to buy, build, or rebuild.

The Section 121 $ 250,000 ($ 500,000 for married filing jointly) exclusion requires that the property be held for five years beginning on the date of acquisition in the 1031 exchange.