1. A transferor failing upon one theory might still prevail upon the other. 2. It will operate on any interest which the transferor may acquire in such property. 3. The transferor should subsequently acquire some interest in the property he had agreed to transfer. 4. The transferee may have the option to acquire the interest which the transferor subsequently acquires. 5. The corporation's basis in the asset then is the same as the transferor 's. 6. There must be a representation by the transferor that he has authority to transfer the immovable property. 7. The transferor must file an ATF application, which must be completed by both parties to the transfer: 8. Unlike many inheritance taxes, the Gift and Estate taxes were imposed on the transferor rather than the recipient. 9. Under this order, for example, transferor governors comprise four out of nine members on a controlled primary school. 10. If section 444AA does not apply, an accounting period of the transferor company ends with the day of the transfer.
Mobile