intangible property sentence in Hindi
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- For intangible property ( and personal property not subject to depreciation ), the more general test of nature or character applies.
- A unique category of property is money, which in some legal systems is treated as tangible property and in others as intangible property.
- Property-defined at s . 71 ( 1 ) of the Crimes Act 1958 as being both tangible property, including money and intangible property.
- Income related to use of intangible property ( e . g ., royalties ) is generally treated as arising where the property is used.
- However, the increasing importance of intangible property, such as corporate stock, caused the states to shift to other forms of taxation in the 1900s.
- In this dichotomous formulation, knowledge exists either as codified rules and facts or as some intangible property of the body that performs the task.
- In countries with a sophisticated private property system, documents of title are commonly used for real estate, motor vehicles, and some types of intangible property.
- If it is intangible property, such as shares in U . S . corporations and interests in partnerships or LLCs, there is no gift tax.
- Kubrick's 1974 will included bequests of " various intangible property standing in the name of Stanley Kubrick in Los Angeles County, " attorney James Birnberg said.
- In English law, however, the recent case of " OBG Ltd . v . Allan " held intangible property cannot be the subject of a claim for conversion.
- The brand name " ABIT " and other intangible properties, including patents and trademarks, were acquired by Universal Scientific Industrial Co ., Ltd . ( USI ) in May 2006.
- Like most metrics that are based on data available in corporate accounts, the Berry ratio misses the value of the intangible costs needed to maintain the intangible property of a corporation.
- The criteria for reliably applying the CUP method are often impossible to satisfy for licenses and other transactions involving unique intangible property, requiring use of valuation methods based on profit projections.
- Florida authorities, too, are looking at the offshore trusts as part of an effort to tighten enforcement of the state's intangible property tax laws and have sent out audit notices, Bisson said.
- Treatment of intangible property is such that an article of property is, by law or otherwise by traditional conceptualization, subject to expiration even when inheritable, which is a key distinction from tangible property.
- Competitive intangible property disobeys the intellectual property test of voluntary extinguishment and therefore results in the sources that create intellectual property ( knowledge in its source form, collaboration, process-engagement, etc . ) escaping quantification.
- The suit was filed after Delaware North claimed that the National Park Service had breached its obligation to require Aramark to purchase trademarks and other intangible property related to concession facilities in Yosemite National Park.
- Web property is considered intangible property and is analogous to real property in that it has ownership which can be recorded and transferred though ascertaining ownership is not always a simple or easy matter to resolve.
- But then, in the second, Virginia revised the wording of its statute to impose a " franchise tax " on " intangible property " in the form of " going concern " value as measured by gross receipts.
- The French banks and Vichy government " actively cooperated with the Nazis in systematically plundering cash, gold, foreign exchange, securities, jewelry, art treasures, businesses, equipment and other real, personal and / or intangible property, " the lawsuit said.
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