To satisfy this requirement, the client can sells
the property's escrow purchase contract (rather than selling the property).
A few minutes later, Chris Sell
was awakened from a deep sleep by the sound of shattering glass, a woman's scream and the nudging of his wife.
On December 27, Sam Waksal telephoned Aliza at the ski resort where she was vacationing and told her to sell
all her ImClone shares (40,000 for $2.5 million).
If the group sells
in excess of 300 packages, they can choose from a selection of prizes or get a rebate
"It makes sense for agents to sell
travel insurance to the clients [to whom] they sell
homeowners and auto insurance policies.
Accrual-method taxpayers who sell
property in exchange for an installment obligation must treat as part of the amount realized the gross value of all payments to be received on the obligation (less stated and unstated interest, as well as original issue discount, according to regulations section 15a.453-1 (d) (2) (ii)).
Although the Waste Management example is an extreme case, insiders such as directors, officers and key executives may be sending valuable signals when they sell
their company's shares.
If a corporation sells
all of its businesses and then liquidates, this clearly will not be a common transaction and, under the transactional test, it will be hard to conclude that it produces business income.
* Bear Technologies Inc., Rochester, N.Y., sells
parts-counting software and hardware by direct mail.
For example, you buy the top 100 Value-Line names for $300,000 per name and you sell
short the bottom 100 names in an equal dollar amount for $300,000 per name.
Selling Shareholders Will Prefer to Sell
Their C Corp Stock Instead of Doing an Asset Sale to Produce Only One Level of Taxation.