Sentences with phrase «whether tangible property»
The distinction centers on whether tangible property held by a business is «depreciable» — meaning it can be reflected as declining in value over time under accounting rules — even though it may rise in market value.
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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.
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.
In the narrower legal context, this Hayekian - Rawlsian debate usually manifests itself in arguments about whether the law should protect «negative rights,» that is, protect persons from government encroachment on their inalienable rights — like private property and free exercise of religion, or whether the law should foster «positive rights,» that is, promote the rights of people to receive tangible things like free health care or housing under the auspices of equal treatment under the law.
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.
Ideally, you and your spouse will decide together how you want to divide the marital property — you'll have to decide things like whether one of you will keep the family home and buy out the other spouse's interest or whether you'll sell the house; who will keep the furniture and other tangible property; how you'll divide retirement assets that each of you has accrued through your work; and how to deal with marital debts.