intangible property


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intangible property

n. items such as stock in a company which represent value but are not actual, tangible objects.

References in periodicals archive ?
In comments filed on November 28, the organization noted that the new rules assume that taxpayers use cost sharing abusively to disguise the transfer of intangible property outside the United States to an affiliate (often located in a tax haven) at a value substantially less than the fair market value of the intangible property.
In January 1993 the IRS released temporary and proposed regulations on intercompany pricing of tangible and intangible property under tax code section 482, along with related penalty provisions for substantial and gross valuation misstatements under sections 6662(e) and (h).
Employers will have peace of mind that tangible and intangible property is being protected.
The government also clarified the rules relating to advertising expenditures for intangible property such as brand names or trademarks.
If adopted in final form, the proposed regulations would change fundamentally the rules for determining intercompany transfer prices for both tangible and intangible property.
Cyber Snoop Pro provides employers the peace of mind that employees are being supervised while on the Internet, and that corporate tangible and intangible property is being protected.
262, HB 4744, Laws of 2004, provides (1) that, for the licensing of intangible property, the income-producing activity will be deemed to be performed in the state in which the property is used; and (2) when a purchasing corporation makes an election under IRC Sec.
07 of the Notice relating to advertising expenditures is limited to advertising for intangible property such as brand names or trademarks and, if so, how taxpayers should allocate their expenditures between tangible and intangible property.
com, which has listed more than $1 billion of assets for auction on its site, is the leading Internet auction marketplace for high- value, distressed assets in multiple categories including financial instruments, real estate, intangible property and personal property.
However, only tangible personal property is eligible for this exclusion; cash, gift certificates, intangible property, real estate or other such items do not qualify (and must be included in income).
The second day of the meeting was dedicated to legal and tax issues surrounding the development, ownership, transfer and license of intangible property (IP).
For example, according to Indiana Code [section] 6-3-2-2(a), AGI derived from sources within Indiana includes: (1) compensation for labor or services rendered in Indiana; (2) income from real or tangible personal property in Indiana; (3) income from doing business there; (4) income from conducting a wade or profession there; and (5) income from intangible property if the receipt from the intangible is attributable to Indiana.