Sentences with phrase «for transaction purposes»

When customers move funds into a «hot wallet» on Xapo for transaction purposes (itself a 48 - hour process), the money could be vulnerable to the same hacks that Coinbase accounts are.
'' [T] he trend toward the increased use of credit cards for transaction purposes — and not as a credit instrument - seems to be solidifying,» the American Bankers Association said in its Credit Card Market Monitor.
Depth of Market is a measure of volume available for transaction purposes for a particular instrument at a certain point in time.
All Basket instruments are valued the same for transaction purposes as in calculating the fund's NAV.

Not exact matches

Almost every bitcoin or other «altcoin» transaction — mining, spending, trading, exchanging, air drops, etc. — will likely be a taxable event for U.S. tax purposes.
The Verge report offers a good run - down of the technical specifics but, for present purposes, they can be summed up like this: the bitcoin community failed to agree on a system upgrade, which means the ledger's infrastructure faces a growing backlog, and it now takes over 40 minutes to confirm a transaction.
«Netflix intends to use the net proceeds from this offering for general corporate purposes, which may include content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,» Netflix wrote in a statement Monday.
Says Sonsoles Gonzalez, a former general manager for Pantene who left in 2011: «There was lots and lots of measuring for the purpose of promoting productivity, but it resulted in too many internal transactions and negotiations and had less to do with winning the consumer.»
Williams said he executes more than two cryptocurrency trades a day, and uses an online service called CoinTracking to record those transactions for tax purposes.
PayPal is used for making simple transactions for either personal or professional purposes.
The token, which looks like a normal card number, is stored by the card network for verification purposes when a transaction is actually attempted.
BofA Merrill Lynch is acting as financial advisor to Loblaw for purposes of this transaction and delivered an opinion to Loblaw's Board of Directors as to the fairness, from a financial point of view, of the consideration to be paid by Loblaw in the transaction.
However, there is no primary purpose limitation, meaning anyone who has responsibility for taking care of virtual currency keys for someone else will likely need to carry out due diligence, monitor transactions and report suspicious activity.
based in part on their business line performance, and thus presented the potential for excessive risk taking, the HRC concluded that the emphasis on overall Company performance in compensation decisions, the existence of robust compliance, internal control, disclosure review and reporting programs and clawback policies, the Code of Ethics prohibition on, and right to discipline employees for manipulating business goals for compensation purposes and its prohibitions on derivative and hedging transactions in Company common stock, and the Company's stock ownership guidelines provided adequate safeguards that would either prevent or discourage excessive risk taking.
For purposes of our 2015 incentive plans, «global eCommerce gross merchandise value» or «global eCommerce GMV» is defined as the total sales value of merchandise sold or transacted where the transaction originates online, excluding the sale of gift cards.
Desert Newco is currently, and will through consummation of the reorganization transactions, be treated as a partnership for U.S. federal and most applicable state and local income tax purposes.
Bottom Line: Ripple runs on many of the same principles of Bitcoin, but for a different purpose: to serve as the middleman for all global FX transactions.
There is a large body of established tax principles and law for property that apply to cryptocurrency and how the gains, losses, income and transactions are treated for federal tax purposes.
In connection with this offering, the underwriters may engage in stabilizing transactions, which involves making bids for, purchasing and selling shares of Class A common stock in the open market for the purpose of preventing or retarding a decline in the market price of the Class A common stock while this offering is in progress.
When an open position in an SF Repo has matured and the Reserve Bank has agreed to contract a new SF Repo against the same security for settlement on the same day, the Reserve Bank may permit the cash and security movements in the two transactions to be netted for the purposes of settlement.
The Corporation was formed for the purpose of completing a public offering and related transactions in order to carry on the business of SSE Holdings, LLC.
Prior to the consummation of the Formation Transactions described below, our business was operated through our predecessor limited liability company, SoulCycle Holdings, LLC, or SCH, the only members of which were Equinox Holdings, Inc., or EHI, our founders, Elizabeth P. Cutler and Julie J. Rice and trusts for the benefit of their respective families, and a special purpose vehicle formed to hold equity ownership in SCH on behalf of certain SCH employees.
as a transaction that is generally tax - free, for U.S. federal income tax purposes, under Sections 355 and 368 (a)(1)(D) of the Code.
It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).
Accordingly, notwithstanding receipt by HP Co. of the IRS private letter ruling and the tax opinions referred to above, the IRS could assert that the distribution and / or certain related transactions do not qualify for tax - free treatment for U.S. federal income tax purposes.
Accordingly, notwithstanding receipt by HP Co. of the IRS private letter ruling and the tax opinions referred to above, there can be no assurance that the IRS will not assert that the distribution and / or certain related transactions do not qualify for tax - free treatment for U.S. federal income tax purposes or that a court would not sustain such a challenge.
It is a condition to the distribution that HP Co. receive (i) a private letter ruling from the IRS and / or one or more opinions from its external tax advisors, in each case, satisfactory to HP Co.'s board of directors, regarding certain U.S. federal income tax matters relating to the separation and related transactions, and (ii) an opinion of each of Wachtell, Lipton, Rosen & Katz and Skadden, Arps, Slate, Meagher & Flom LLP, satisfactory to HP Co.'s board of directors, regarding the qualification of the distribution, together with certain related transactions, as a transaction that is generally tax - free, for U.S. federal income tax purposes, under Sections 355 and 368 (a)(1)(D) of the Code.
Desert Newco is currently, and will be through consummation of the Reorganization Transactions, treated as a partnership for U.S. federal and most applicable state and local income tax purposes.
Accordingly, notwithstanding receipt of the IRS private letter ruling and / or opinions of counsel or other external tax advisors, the IRS could determine that the distribution and certain related transactions should be treated as taxable transactions for U.S. federal income tax purposes if it determines that any of the facts, assumptions, representations, statements or undertakings that were included in the request for the IRS private letter ruling or on which any opinion was based are false or have been violated.
The Transaction was treated as a reverse acquisition of Croe, and the Company is treated as the acquirer, for financial accounting and reporting purposes, while Croe is treated as the acquired entity.
In addition, certain events that may or may not be within the control of HP Inc. or Hewlett Packard Enterprise could cause the distribution and certain related transactions to not qualify for tax - free treatment for U.S. federal income tax purposes.
The word «crypto» in the phrase «cryptocurrency» is used because every single transaction involving digital currencies is completely encrypted for security purposes; this process is known as cryptography.
Besides it, if you use bank wire, you need to be noted that this transaction will require $ 30 fees for banking expenses purposes.
While there are numerous research studies carried out by analysts from all around the world, which have proven that only an insignificant percentage of bitcoin transactions are carried out for shady purposes, this trend of belief continues.
Designed for purely experimental purposes to help compare transaction through - puts in the permissioned blockchain to those on public ledgers, the «Fabric Coin» effort resulted in improvements that were included in the Hyperledger Fabric 1.1 released earlier this month.
It shall be unlawful for any broker, dealer, or exchange, directly or indirectly, to make use of the mails or any means or instrumentality of interstate commerce for the purpose of using any facility of an exchange within or subject to the jurisdiction of the United States to effect any transaction in a security, or to report any such transaction, unless such exchange (1) is registered as a national securities exchange under section 6 of this title, or (2) is exempted from such registration upon application by the exchange because, in the opinion of the Commission, by reason of the limited volume of transactions effected on such exchange, it is not practicable and not necessary or appropriate in the public interest or for the protection of investors to require such registration
Of the $ 255 million in proceeds from the transaction, approximately $ 51 million will be held by the Trust until it purchases all or a portion of the remaining loans or, if not used for that purpose, returned to the investors.
Also identified in the document are potential use cases for cryptocurrencies, such as a more portable, fungible, divisible store of value; trading that can result in capital gains or loss; payments for goods and services; and an alternative route to circumvent high transaction fees to transfer money for domestic or international purposes.
Will there be a way to export transaction details for purposes of tracking — for example, I am using CoinTracking (https://cointracking.info/dashboard.php).
In addition, approximately $ 6 million was used to pay transaction expenses and fund required reserves and the remainder will be used for general corporate purposes.
Through a new product called KYT — for Know Your Transaction — that Levin says provides real - time feedback on the underlying purpose of blockchain transactions and feeds into exchanges» transaction processiTransaction — that Levin says provides real - time feedback on the underlying purpose of blockchain transactions and feeds into exchanges» transaction processitransaction processing engines.
Brookfield plans to create a new real estate investment trust under the ticker «BPR,» which will qualify as a REIT for tax purposes and issue shares in this transaction.
International Monetary Fund (IMF) is an international organization created for the purpose of promoting global monetary and exchange stability, facilitating the expansion and balanced growth of international trade, and assisting in the establishment of a multilateral system of payments for current transactions.
Net cash proceeds to the company after transaction costs and cash reserves were $ 236 million, which are available for general corporate purposes.
Your monthly credit card statement likely comes with an itemized list of transactions and merchants, which makes things easier when you're sticking to budgets or recording for tax purposes.
Net cash proceeds to the company after transaction costs, cash reserves and repayment of amounts outstanding under the company's warehouse credit facility were $ 132 million, which are available for general corporate purposes.
This transaction generated approximately $ 22.5 million of net cash proceeds to the company after transaction costs and cash reserves, which are available for general corporate purposes.
Of the approximately $ 238 million in proceeds from the transaction (before transaction expenses and required reserves), approximately $ 101 million was used to repay amounts previously drawn under Marriott Vacations Worldwide's $ 300 million warehouse credit facility, and the remainder will be used for general corporate purposes.
A transfer (including a lease) of assets or provision of services undertaken in Japan (domestic transactions) for business purposes is subject to consumption tax.
Track and export your business checking and business credit card transactions for business purposes and financial planning.
a b c d e f g h i j k l m n o p q r s t u v w x y z