Sentences with phrase «not tangible property»

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.

Not exact matches

A judge ruled that bitcoins don't have the «tangible qualities» needed to constitute owned property by Japanese law.

Naturally, the person was seeking to claw some of that cash back, but Judge Masumi Kurachi felt that bitcoins do not possess the necessary «tangible qualities» to constitute owned property under the country's law.

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).

We have significant concerns regarding the criteria that will be used to separate other projects into the newly proposed second tier, which — under the Executive Budget - would include sites that are not eligible for the tangible property credits, and the proposed third tier, which would include tax credit - eligible sites.

Quietly funny and unexpectedly frightening, Like Someone in Love is also one of the more forthright demonstrations of Kiarostami's Bressonian mastery of sound as a tangible property: the opening shot alone is a masterclass in sound editing, and not too shabby a lesson in composition, either.

Mostly, I expect to save money with an ereader over a physical book, because I do not get a tangible object of any value beyond the intellectual property that I can borrow — until the content provider, be it Amazon or B&N decides to remove it from my device.

Accordingly, they do not constitute tangible personal property.

Farm and residential tangible personal property are not assessable.

Great topic and question for newbie investors wondering whether or not they can buy a rental property and just how much risk they should be thinking about when it comes to investing in this tangible asset of real estate.

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.

Does it matter that it's not tangible personal property?

We've written down the Property, Plant and Equipment by 85 %, but it only represents a small proportion of the total tangible assets and so doesn't have a meaningful impact on the valuation.

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».

On August 30, the state's residents will be able to vote on whether or not to exempt PV modules and other equipment from the real property tax and tangible property tax.

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.

Critics of the term argue that «piracy,» which originally meant armed robbery of tangible property on the high seas (a form of theft), is an inapt way to describe copyright infringement which is really different in kind than theft because copyright infringement does not deprive anyone of use of the materials, it merely impairs the legally granted monopoly of someone regarding how it shall be used.

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 does not mean, however, that all real, tangible, and intangible property is divided according to a 50 - 50 split; rather, «equitable» refers to what the court believes is fair or just division given certain facts about each spouse.

@Jai Reddy It's not as simple as saying «everything that lasts more than a year is a capital improvement» especially after the release of the final tangible property regs.

I'm investing in my hometown because it's tangible, I have learned the market and I don't think I have enough reserves yet to trust a property manager many hours away from me.

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.