Sentences with phrase «not beneficial owner»

AND, if your wife files Married Filing Separately, then if she is not beneficial owner, she would not be required to declare income from securities in that account.

UGMA / UTMA account funds are under the control of a person who is at least age 18 who is not the beneficial owner and who will transfer the funds to the beneficiary when that person reaches the age of majority.

Not exact matches

You can go to a place like Panama or the British Virgin Islands or Delaware or Nevada and usually the places where you're doing it have tough laws where they will not reveal who the beneficial owner is and they just layer on different aspects of anonymity.

They could thus apply the old rules which did not require them to declare beneficial owners.

«It is perfectly legitimate for a company to have no beneficial owners and we do not verify such statements when they are submitted to us.»

The beneficial owners of SP Trading were not sanctioned by any government and neither was Taylor in relation to his company formation activities.

If you are a beneficial owner of shares held in street name and do not provide the organization that holds your shares with specific voting instructions then, under applicable rules, the organization that holds your shares may generally vote your shares in their discretion on «routine» matters but can not vote on «non-routine» matters.

James McRitchie, 9295 Yorkship Court, Elk Grove, California 95758, beneficial owner of not less than 40 shares of Common Stock, is the proponent of the following shareholder proposal.

If you are a beneficial owner, you did not receive a Notice of Internet Availability directly from us, but your broker, bank or other intermediary forwarded you a notice with instructions on accessing our proxy materials and directing that organization how to vote your shares, as well as other options that may be available to you for receiving our proxy materials.

If you are a beneficial owner, you did not receive a Notice of Internet Availability directly from Tesla, but your broker, bank or other intermediary forwarded you a notice together with voting instructions for directing that organization how to vote your shares.

If you are a beneficial owner holding your shares in street name and you do not give voting instructions to your broker, bank or other intermediary, that organization will leave your shares unvoted on this matter.

The precise nature and rights of an investor as the beneficial owner of the securities under the current quota system is not well defined.

If you are a beneficial owner of Shares and your Shares are held in street name as described above, you will be admitted to the 2015 Annual Shareholders» Meeting only if you present either a valid legal proxy from your bank, broker, or other nominee as to your Shares, the notice of internet availability of the proxy materials (if you received one), a voting instruction form that you received from your bank, broker, or other nominee (if you have not already completed and returned the voting instruction form), or a recent bank, brokerage, or other statement showing that you owned Shares as of the close of business on April 10, 2015.

If you are a beneficial owner, however, you may not vote your shares in person at the meeting unless you obtain a legal proxy, executed in your favor, from your bank or broker.

There is an exception in which you are not a «beneficial owner» of shares over which you have voting power «if such voting power arises solely from a revocable proxy or consent given to such Person in response to a public proxy or consent solicitation made pursuant to, and in accordance with, Section 14 (a) of the Exchange Act by means of a solicitation statement filed on Schedule 14A.»

As long as PS Fund (along with any of its Related Persons) does not otherwise engage in (or has not otherwise engaged in) conduct that would otherwise result in its becoming an Acquiring Person by becoming the Beneficial Owner of 10 % or more of the shares of Common Stock then outstanding, PS Fund's solicitation and receipt of one or more revocable proxies from the Company's stockholders to be counted toward the number of shares of the outstanding Common Stock needed to cause a special meeting of stockholders to be called pursuant to and in accordance with the Bylaws, which proxies are given to PS Fund in response to a public solicitation of proxies made pursuant to, and in accordance with, Section 14 (a) of the Exchnage Act by means of a solicitation statement filed with the Commission on Schedule 15A, should not, of itself, cause PS Fund to become an Acquiring Person.

This is especially beneficial to small business owners who are still in the startup phase or who haven't established a good credit history yet.

Note that Since March 2009 it is the policy of the ACSA (Australian Custodial Services Association) not to offer Share Purchase Plans Events (SPP) to underlying beneficial owner clients and thus Saxo Bank can not participate in such events.

Brokers holding shares beneficially owned by their clients do not have the ability to cast votes with respect to the election of Directors unless they have received instructions from the beneficial owner of the shares.

Owners of beneficial interests in the Shares will be shown on, and the transfer of ownership will be effected only through, records maintained by DTC (with respect to DTC Participants), the records of DTC Participants (with respect to Indirect Participants), and the records of Indirect Participants (with respect to Shareholders that are not DTC Participants or Indirect Participants).

Equally important, almost all closely held companies are now taxed on a pass through basis in which entity profits are directly taxed to the beneficial owners when they are earned whether the profits are distributed or not.

In the U.S., many states do not require any such listing of beneficial ownership information — something that can make it difficult for law enforcement, much less the general public, to determine the companies» owners.

«You can't do a subpoena just because there's no beneficial owner in the corporate records.»

By signing the BEN - E, the authorized individual of the entity is certifying that (i) the entity is the beneficial owner of the income (ii) the entity is not a U.S. person, and (iii) the income is not effectively connected income («ECI»).

This article is based upon the United States federal income tax laws as currently in effect and as currently interpreted and does not include any description of the tax laws of any foreign government that might apply to a beneficial owner.

«It's fraud to try to collect on loans that you don't own,» said Donald Uderitz, the founder of Vantage Capital Group, a private equity firm that is the beneficial owner of National Collegiate's trusts.

This form is used when a non-us person who is the beneficial owner of the account does not have a foreign taxpayer identification number

This can be beneficial in situations where the owner (s) of the corporation do not want to liquidate the assets themselves.

Brokers, banks or other nominees who hold shares of our common stock in street name for a customer who is the beneficial owner of those shares may not exercise voting authority on the customer's shares with respect to the actions proposed in this proxy statement without specific instructions from the customer.

Tax Guy is right about the beneficial owner being taxed, not necessarily the one whose name is on the account.

If you are a beneficial owner of shares held in street name and do not provide the nominee who holds your shares with specific voting instructions, the broker, bank or other nominee will inform our inspector of election that it does not have the authority to vote on the proposals with respect to your shares.

Each account owner is considered the beneficial owner of the account and not as the trustee of the Informal Trust.

This is highly beneficial for pet owners, as less water intake results in less urine output — meaning that the animals» habitats don't need to be cleaned as often as habitats of other small animals.

While they all might seem beneficial and desirable at first glance, not all green cleaning products are quite as effective as pet owners need.

Pets are not only excellent companions but beneficial for its owner's health, too.

Shampoo and conditioner may have beneficial effects, but not every dog owner — especially one who owns a breed with long or thick hair — is in a position to bathe their dog themselves.

While there are quality foods on the market, many pet owners don't realize that many common cat food ingredients are not beneficial to a cat's nutritional intake.

While shock collars may or may not be a beneficial tool for training a dog, it is important to know that using a shock collar does not automatically make a dog owner a «bad person».

You, as a savvy dog owner, already know that animal - based protein — not grain - based protein — is the most beneficial protein source for your pet.

While they can become disobedient if their owner doesn't display strong leadership, this breed is easily trained and obedience training can be quite beneficial.

Not only is increased bonding time beneficial to human health, but with more than 8.5 million obese or overweight dogs and 14.6 million overweight cats, (according to APPA's 2015 - 2016 National Pet Owners Survey) active outings can be a great start to getting pets in shape as well.

However, most pet food experts suggest that the addition of marigold is used as a gimmick in order to appeal to owners and that marigold isn't present in a large enough amount in any food to actually be beneficial.

In a third study, researchers found that after a 30 minute period in which dog owners focused all their attention on their pets, speaking softly to their dogs and stroking them, not only was oxytocin elevated in both the owners and the dogs, but so were several other beneficial hormones.

Dog owners are encouraged to develop an understanding of which ingredients are beneficial and which aren't — and to routinely look at labels before buying.

Some owners who crate and rotate also find that it is beneficial to feed the dogs in their crates; feeding in crates not only helps the dogs to associate the crate with something positive (food), it also helps reduce the possibility of a fight occurring over resources (food, toys, etc).

Sometimes, being small - business owners / operators means we don't have time to do all of the beneficial projects that we come across or dream up ourselves; sometimes, investing our time into being facilitators and giving travelers this opportunity may actually be the best use of our position and resources.

This would also be beneficial to PSP owners who don't have a PS3.

On March 18, in Keewatin v. Ontario (Natural Resources) the Ontario Court of Appeal confirmed that in exercising its rights and powers as beneficial owner, Ontario is not subject to federal consent when taking up Crown land for resource projects.

'' The law states that, where a parent makes a gratuitous transfer of assets to an adult child, there is a presumption of a resulting trust, such that the child is presumed not to be the beneficial owner, but rather to hold the assets as a trustee for the parent.

The legal owners are not necessarily the same as the beneficial owners.