Sentences with phrase «purpose of the transaction»

Additionally, Chainalysis is adding a new product called «Chainalysis KYT» (Know Your Transaction), a service that enables real - time feedback on the «the underlying purpose of transactions.»

More specifically, co-founder Jonathan Levin explained that the firm builds a data set that links «real - world activity to cryptocurrency transactions so that we can uncover the underlying real - world purpose of the transaction.»

This address has also only been created for the exact purpose of this transaction and is brand new.

Under the tax code, if related entities engage in an exchange of properties and then dispose of those properties in less than two years, the nonrecognition provisions of 1031 do not apply and gains from the exchange must be recognized unless the party can establish that avoidance of income tax was not one of the principal purposes of the transaction.

Chainalysis KYT provides real - time feedback on the underlying purpose of transactions and feeds that feedback into exchanges» transaction processing engines.

If you use Venmo to send money to friends, anyone can see the recipient's name, date, and purpose of each transaction.

«The purpose of this transaction is to enhance our ability to serve new markets, particularly in Africa, Asia and Central and South America,» Brito said during his testimony.

This bill responds to the reality that in auto loan transactions, while the dealer often technically originates the loan, the actual lender is termed the assignee for purposes of the transaction, despite the fact that the «assignee» often exercises a great degree of control over the terms of the transaction.

The Purpose of Transaction item on the 13D discloses fairly standard boilerplate, although a buyback seems to be in the plans:

Buffett said in a 2005 statement that he «was not briefed on how the transactions were to be structured or on any improper use or purpose of the transactions.»

*** Processing Times: For purposes of transactions, the Bank's Business days are Monday through Friday, excluding holidays and weekends.

The initial 13D notice contains the standard disclosure for Purpose of Transaction, which we've reproduced below:

The firm rendered no legal services in connection with this trust money, nor did it ask any questions about the source of the funds, the purpose of the transaction, the identity of the people receiving the funds, or even why Valentine needed to use a law firm trust account, rather than a bank, for the purpose of receiving and paying out money.

In fact, the Canada Revenue Agency's information circular on business equity valuations devotes an entire section to valuation in the context of family and group control, principles that are important when determining value for the purposes of transactions contemplated in the family shareholders» agreement.

Included in the Bill is a requirement for unions to disclose: a yearly balance sheet indicating their assets, liabilities, income and expenditures; the details of all transactions over $ 5,000, including the name and address of each party, a statement regarding the purpose of the transaction, and a description of each transaction; a statement indicating the total... [more]

The firm also acted for the buyer in the acquisition of Bow Plumbing Group Inc., a manufacturer of plastic pipes and fittings operating across Canada and in the U.S., as well as assisting with the implementation of financing and credit facilities for the purposes of the transaction and continuing operations.

The evidential burden then fell on Ms. Seliverstova to adduce evidence to show that the purpose of the transactions was not to defeat Mr. Purcaru's creditors.

For example, your passport or other identity information might be securely encrypted, but the proof of the validation could be used publicly on a blockchain to prove that you are you for purposes of that transaction, without revealing the underlying private data.

To comply, Australian tax - domiciled businesses and individuals involved in bitcoin transactions will be required to keep records of: (a) dates of transactions; (b) the value in Australian dollars as listed on a «reputable online exchange»; (c) the purpose of the transaction; and (d) who the other party is (a bitcoin address will suffice).

Bitcoin doesn't know or care what the purpose of a transaction is.

This platform acts as a peer - to - peer (P2P) intermediary and provides an escrow service for the purpose of transaction security.

But for those who only use these altcoins for the purpose of transactions, they may instead simply stick to bitcoin once the Lightning Network is fully up and running.

Specific pieces of data required include the customer's full name, their address and date of birth, as well as information about the purpose of their transactions.

Operators must now perform «customer due diligence» or CDD before allowing the creation of new accounts, and trading on existing accounts where customers will be asked to provide information including their full name, address, date of birth, nationality, purpose of transaction, -LSB-...]

Operators must now perform «customer due diligence» or CDD before allowing the creation of new accounts, and trading on existing accounts where customers will be asked to provide information including their full name, address, date of birth, nationality, purpose of transaction, as well as their National Registration Identity Card (NRIC) number, passport number, or any other official documents bearing their photograph.

Another set of people that are responsible for the expanding market are the new entrants, who are seeking opportunities in the industry either for the purpose of transaction functionalities or acquiring crypto assets as elements of investment.

The purpose of the transaction and the recipient's details, even if it is merely their cryptocurrency address.

The self - directed IRA or Solo 401 (k) option would only be a means for you to say, lend to that other party for purposes of their transactions, with all returns going back to the plan.

Obviously the purpose of the transaction is to transfer title from one to another.

The hope being that your wife will be allowed to accompany you into the Embassy for the purposes of the transaction.