Sentences with phrase «tangible personal»

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.

(ii) The amount of the contract sales price of the property being sold, excluding the price of any tangible personal property if the consumer and seller have agreed to a separate price for such items, labeled «Sale Price of Property»;

Aircraft, business furniture and equipment are examples of tangible personal property.

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).

Twenty - five thousand dollars of the assessed value of property subject to tangible personal property tax shall be exempt from ad valorem taxation.

(ii) The amount of the contract sales price of the property being sold in a purchase real estate transaction, excluding the price of any tangible personal property if the consumer and seller have agreed to a separate price for such items, labeled «Sale Price of Property»;

(e) By general law and subject to conditions specified therein, twenty - five thousand dollars of the assessed value of property subject to tangible personal property tax shall be exempt from ad valorem taxation.

Aircraft, business equipment and vehicles are examples of tangible personal property.

Below this label proposed § 1026.38 (j)(ii) would have required the creditor or closing agent to provide a reference to the sale price of the property and the amount of the contract sales price of the property being sold, excluding the price of any items of tangible personal property if the consumer and seller have agreed to a separate price for such items.

Any tangible personal property, such as aircraft, furniture, cars, trucks, equipment, railroad cars and locomotives, livestock, artwork, gold and silver bullion, vintage sport cars and collectibles, are eligible for the tax deferral.

Tangible personal property is everything else.

Some things are considered tangible personal property depreciated over 5, 7 or 15 years, some are considered building components depreciated over 27.5 years.

The issues that are typically addressed in mediation are issues related to children: legal custody and residential custody, visitation, child support, allocation of college expenses for the children, health insurance, life insurance; alimony and spousal support; division of real property, including the family home; division of tangible personal property including motor vehicles, boats, furniture, furnishings, art work, etc.; disposition of other property accumulated during the marriage, including bank accounts, investment accounts, pension / profit - sharing / retirement accounts, etc.; payment of credit cards and other debts, and tax matters including decisions relative to filing joint or separate tax returns and claiming the children as dependency deductions.

We rely on our volunteers to deliver essential services that support Victorians, and, in some cases, our volunteers rely on us: for rewarding experiences, for a powerful sense of community, and for tangible personal fulfilment.

Assets may include real estate, bank accounts, vacation pay, stock options, businesses and business interests, and tangible personal property, such as automotive vehicles, collector's items, and pets.

Those perils named in your Charlottesville, VA Renters Insurance also apply only to tangible personal property, so the types of covered loss are irrelevant to intellectual property.

That's tangible personal property.

Your tangible personal property is covered by hour home insurance, but there are limits on reimbursement for money, bank notes, gold, silver and other items.

Where I live, the adverse possession period for land is usually eighteen years, but the adverse possession period for tangible personal property is three years.

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.

Many types of digital property are replacing — or have already replaced — outdated types of tangible personal property.

In summary of all property types, «real property» is land and buildings; «personal property» is everything else; «tangible personal property» is an item that can be touched.

Tangible personal property: All property, except land and buildings, that can be physically touched, such as furniture, jewelry, cars and clothing.

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.

Your organization is exempt from paying sales tax on purchases of tangible personal property, or on «occasional sales.»

To obtain sales tax exemption on purchases of tangible personal property or services to be used within the exempt functions of the entity, 501 (c)(3) corporations may submit Form 51A125, with a copy of their Determination Letter from the IRS and Articles of Incorporation to Sales and Use Tax Section, Revenue Cabinet, P.O. Box 1274, Frankfort, KY 40602 - 1274.

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.

Accordingly, after an animal is bred for the purpose of selling, title or possession of tangible personal property is transferred.

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».

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.

The disposition of tangible personal property, sound recordings or computer software created or developed, in whole or in part, in the United States.

However, «tangible personal property» is an extremely broad category, and many businesses, from magazines and newspapers to home - based craft stores may qualify for the deduction.

The vending machine tax return must be filed electronically for each period showing the cost price or manufactured cost of tangible personal property sold through vending machines during the preceding period.

This deduction might be phased out dollar - for - dollar if you place $ 2 million or more of qualified tangible personal property into service in the year.

Lease tangible personal property to Michigan customers from a Michigan or an out - of - state location.

3) The property was acquired by other than a bona fide sale for full and adequate consideration and the decedent retained a power with respect to or interest in the property that would bring the real or tangible personal property located in this state within the decedent's adjusted federal gross estate.

That's tangible personal property.

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

Those perils named in your Charlottesville, VA Renters Insurance also apply only to tangible personal property, so the types of covered loss are irrelevant to intellectual property.

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.

Farm and residential tangible personal property are not assessable.

The Tax Law imposes sales and use tax on tangible personal property, including prewritten software, and certain enumerated services, including information services (Tax Law § 1105 [a], [c]-RRB-.

Accordingly, they do not constitute tangible personal property.

However, the approximate $ 235 million cut in business» tangible personal property tax reimbursements to school districts would result in a significantly lower amount.

Currently Maryland's sales tax only applies to tangible personal property but Governor Martin O'Malley is proposing to expand this to include digital products.

He had an incredible ability to bring joy to anyone near him and make that person feel an immediate tangible personal connection.

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).

You still aren't allowed to invest in collectibles like art or stamps, life insurance, and tangible personal property.

If your business involves the sale of tangible personal property either retail or wholesale, you are required to obtain a seller's permit from the State Board of Equalization.

Tangible personal property includes most physical goods, such as furniture, clothing and electronics, but there are some exceptions.