Sentences with phrase «sold at fair market value»

If the disability is expected to be long term or permanent, the company can be sold at fair market value or dissolved.

This means that even though you didn't actually sell the asset (you just gave it to someone else) you're on the hook for capital gains taxes as if you had sold it at its fair market value.

If assets are not held jointly with your spouse, the general rule is that the Canada Revenue Agency will deem it to be sold at fair market value upon your death.

Do this and the property is deemed to have been sold at its fair market value, at that time.

If she's going to sell the cottage to her children, the property needs to be sold at fair market value.

This is because when you transfer an asset to a third party — or any part thereof — even if money hasn't changed hands, you are generally deemed to have sold it at fair market value.

Note that donated publicly traded partnerships — in particular master limited partnerships («MLPs»)-- are an important exception to the typical fair market value deduction for long - term gain securities, as the charitable deduction must be reduced by the amount of ordinary income that would have been realized if the property had been sold at fair market value on the date contributed.

Not exact matches

That increases the shares outstanding and dilutes the stake of existing shareholders, since shares issued by the company through the exercise of options are not sold in exchange for cash at fair market value but are exercised at a discount.

If you sell a quality product, accurately described in your marketing, at a price that's fair in relationship to its value, your return rate will be low — probably less than 5 percent.

If the participant sells the ISO shares prior to the expiration of these holding periods, the participant recognizes ordinary income at the time of disposition equal to the excess if any, of the lesser of (1) the aggregate fair market value of the ISO shares at the date of exercise and (2) the amount received for the ISO shares, over the aggregate exercise price previously paid by the participant.

According to the IRS, fair market value is the «price at which property would change hands between a willing buyer and a willing seller, neither having to buy or sell, and both having reasonable knowledge of all the relevant facts.»

Given the absence of a public trading market of our common stock, and in accordance with the American Institute of Certified Public Accountants Accounting and Valuation Guide, Valuation of Privately - Held Company Equity Securities Issued as Compensation, our board of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate of fair value of our common stock, including independent third - party valuations of our common stock; the prices at which we sold shares of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges of our convertible preferred stock relative to those of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack of marketability of our common stock; the hiring of key personnel and the experience of our management; the introduction of new products; our stage of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood of achieving a liquidity event, such as an initial public offering or a sale of our company given the prevailing market conditions and the nature and history of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.

For the initial offering, which we expect will commence on the execution and delivery of the underwriting agreement relating to this offering, the fair market value on the first day of the offering period will be the price at which shares of Class A common stock are first sold to the public.

However, a rule change by the Reserve Bank of India in January 2014 prevents foreign investors from selling stakes in Indian firms at a pre-determined price or above fair market value — and DoCoMo's exit price is above fair value for Tata Teleservices.

If the firm gave the data or sold it at less than fair market value, the transaction would amount to a campaign contribution — a twofer violation of the law, which bars corporations and foreign nationals from contributing.

The town board selected as «preferred vendor» Solartech of Kingston, would own the solar generation station, selling power to the town under a special agreement for 20 years, after which Woodstock would take possession of the solar facility at fair market value.

Bob's Watches is the World's First and only Pre-Owned Rolex Exchange where consumers can buy, sell, and trade used Rolex watches at true fair market value.

This will create a tax issue since you'll be deemed to have sold the place at fair market value at the time you transfer ownership.

They would have been deemed to have sold the property at fair market value on their death — a so - called deemed disposition.

When you wrote that you would sell something only if you had a better opportunity, it sounds different from a traditional value investor (buy at a discount to fair value and sell when it approaches fair value, all assuming you can determine a fair value that the market is not properly recognizing).

In some cases, investors will try to get out of funding commitments, and even try to sell their interests to a third party, usually at a significant concession to the hard - to - define fair market value.

This enables the value investor to spot and take advantage of bargains; stocks selling at a price significantly below its intrinsic — or fair — value (the price, which the security should be traded at as so forth the market was governed exclusively by intelligent buyers and sellers).

This, in essence, brings the basis up to the fair market value at death, thereby eliminating a capital gain if the property is sold immediately after death.

In years when the estate tax applies, the basis of assets held by the decedent is adjusted to the fair market value of the assets on the date of death, so that heirs can sell assets at that value without reporting a capital gain.

Unlike equity - based options, each 1256 option contract held by a taxpayer at the end of the year is treated as if it were sold for its fair market value or mark - to - market (MTM) on the last business day of the year, and gains or losses are treated as either short - term or long - term capital gains.

A shareholder of a PFIC may elect each year to recognize gain or loss on the shares as if they had sold the PFIC shares at fair market value.

Your transaction is considered a transfer to a registered account and the assets will be deemed to have been disposed of (sold) at their fair market value.

The real estate agent should make it known that the sale of the home is contingent on both VA approval, and the house being sold at its current, fair market value.

If the property contributed as a conservation easement is not a capital asset and gives rise to ordinary income, the taxpayer can take a deduction equal to the fair market value (FMV) of the property less any gain that would not have been long - term capital gain if the property had been sold at the time of the conservation easement contribution.

ETFs tracks the index very closely, but a wide bid - ask spread or deviations from fair value might make ordering «at market value» a bit risky — you could end up buying / selling your shares at a much higher / lower price than you expect.

That's another way of saying the CRA considers the change in ownership to be a sale: by making your child a co-owner you have effectively sold 50 % of the property at fair market value.

If you were to put your son on title for 10 % of the rental property now, CC, you are correct that you would be deemed to have sold 10 % at the current fair market value.

(Under CRA rules, a change in use translates to a deemed disposition, which, in simple terms, means you theoretically sold the property at fair market value when you decided to change its use.)

As such, the CRA will consider the home sold, for tax purposes, at the current fair market value.

Short Sale * You may be able to sell your property at its fair market value even if the sale's proceeds are less than what is owed on your loan **.

A deficiency occurs when the difference between what you owe on your mortgage is more than the fair market value at the time your property is sold.

When stocks are selling at three times fair value, three times fair value is the market price!

I would like to sell the DQ to her at fair market value which it's at right now so that the Canada Revenue Agency (CRA) will not come back later requesting more capital gains tax from me.

Perelman said Gagosian bought the sculpture from the Sonnabend Gallery for $ 4 million about 2 1/2 weeks after executing its sales contract with MacAndrews & Forbes, thereby restricting Perelman's ability to sell or trade the sculpture at fair market value.

At the end of the original 25 - year contract, customers can choose to either renew it or to sell the panels back to the company, which will offer fair market value for them.

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

You can sell your equipment / furniture to your corporation at fair market value and take back a due to shareholder note.

Howard and Jeanette acted improperly, the Court found, when they agreed to sell the estate's principal asset (the family farm) to their brother Frank for $ 300,000, despite an appraisal which placed the fair market value at $ 450,000.

A typical example of a «narrow» arbitration agreement might be found in a buy - sell agreement that calls for the buyout of a manager's stock in a closely held company upon death at fair market value as of the date of death as determined by mutual agreement with an arbitrator chosen by some specified method determining the fair market vale as of the relevant date if the parties fail to reach a mutual agreement within X days.

Our site gives you a simple platform to find out once and for all whether your current provider is selling you a policy at fair market value.

It's also important to point out that while some courts have interpreted actual cash value to be equal to fair market value (i.e. the amount of money you could get for a vehicle if there were no time constraint based upon the sale), in most cases insurance companies look at it as something closer to the amount of money you could get for a car or truck if you sold it today.

The public has been able to purchase retail diamonds only at inflated prices and if ever wishing to sell, have not been able to garner fair market value.

Bob's Watches is the World's First and only Pre-Owned Rolex Exchange where consumers can buy, sell, and trade used Rolex watches at true fair market value.

Bob's Watches is the World's First and only Pre-Owned Rolex Exchange where consumers can buy, sell, and trade used Rolex watches at true fair market value.

Minnesota's statute, enacted in 2004, broke new ground by stipulating that home owners who sell while in foreclosure must receive «consideration» that equals at least 82 percent of the home's fair market value.