Does it matter that it's
not tangible personal property?
Not exact matches
You still aren't allowed to invest in collectibles like art or stamps, life insurance, and
tangible personal property.
It is the Registrant's view that Bitcoins should
not be regarded as coins, or otherwise as collectibles, for purposes of section 408 (m), because Bitcoins are a virtual, rather than a fiat currency (see «Bitcoin Value,» above) and, as such, do
not take the form of
tangible personal property, in contrast to a coin or any of the other items defined as a «collectible» under Section 408 (m).
Accordingly, they do
not constitute
tangible personal property.
Farm and residential
tangible personal property are
not assessable.
However, Canadian residents who are
not US citizens are only taxed on certain US
properties, such as US real
property, shares of US companies,
tangible personal property located in the US and debts issued by US residents, including the US government.
NOTE: Language providing that a county, municipality, or other entity of local government may
not prohibit the sale of or offering for sale of
tangible personal property subject to the tax imposed by Chapter 212 which may lawfully be sold in the state was stricken from final version.
Under Ohio law, ORC Â § 5739.01 (B)(1) sales tax must be collected on» [a] ll transactions by which title or possession, or both, of
tangible personal property, is or is to be transferred... «Â Â § 5701.03 (A) defines «
personal property» to include «every
tangible thing that is the subject of ownership, whether animate or inanimate... and that does
not constitute real
property».
Your expectation of privacy in an unlocked smart phone flows from your exclusive possession of the phone as a piece of
tangible personal property containing information, and
not just from the password protection.
In determining whether a defendant has substantial liquid assets, the judge shall
not consider up to Ten Thousand Dollars ($ 10,000.00) in
tangible personal property, including motor vehicles, household goods, or any other assets exempted from seizure under execution or attachment as provided under Section 85 -3-1.
The programs and all data files (documents, images, sound etc), even if stored on a computer or a device which is a
personal chattel, can
not be
personal chattels, because they are
not tangible property.
Adverse possession of
tangible personal property is also possible, although it comes up less often in legal proceedings since it usually isn't worth litigating over and the record keeping to prove a claim usually isn't as good.
This comment would have incorporated guidance currently provided in the instructions for RESPA settlement statement line 102 in appendix A to Regulation X. Proposed § 1026.38 (j)(1)(iii) would have required the creditor or closing agent to provide a reference to the sales price of any
tangible personal property included in the sale that is
not included in the sales price disclosed under proposed § 1026.38 (j)(1)(ii).
While these types of accounts can invest in real estate, they can
not invest in life insurance or collectibles — i.e., any work of art, rug or antique, alcoholic beverage, stamp or coin, or any other
tangible personal property specified by the IRS for purposes of this subsection.