In-Kind Distribution

In-Kind Distribution

1. The act of giving away property or portions of property rather than selling it and then giving away the proceeds. For example, one may give one's house to an adult child in one's will.

2. See: Payment-in-Kind.
Mentioned in ?
References in periodicals archive ?
The shares sold in the offering will be sold by certain selling stockholders named in the preliminary prospectus supplement filed in connection with the proposed offering, who received the shares of Class A common stock being sold in an in-kind distribution of 100% of the shares of Class A common stock held by Cadence Bancorp, LLC to its unitholders on September 10, 2018.
Furthermore, when structured properly, an in-kind distribution of the annuity from a trust to the trust beneficiaries can be tax-free.
This makes calculating the fair market value of an in-kind distribution, or the total IRA value for purposes of calculating required minimum distributions (RMDs), relatively easy.
Eveready Income Fund (TSX: EIS.UN), a Canada-based income fund that provides oilfield services, has declared an in-kind distribution for the second quarter of 2008.
An in-kind distribution of property could also be considered a salary IRC [section][section] 3121 (a) and 3306(b) both define wages as "the cash value of all remuneration ...
If a distribution that includes employer securities is rolled over (even as an in-kind distribution), gain on the securities will be subject to ordinary income treatment.
Most hedge fund partnership agreements allow for the general partner to make an in-kind distribution to redeem a partnership interest.
Other organizational activities through the Center include health clinics, sewing centers, Quranic reading courses, orphanages, scholarships for students, and financial a nd in-kind distribution for the poor.
The stockholder received the shares of class A common stock being sold in an in-kind distribution of 100% of the shares of class A common stock held by Cadence Bancorp LLC to its unit holders on 10 September 2018 (other than a deminimis number of shares of class A common stock representing total fractional shares in lieu of which unit holders are to receive cash).
Manousos explained that the exception accorded to oil and gas companies is based on the historical industry practice of in-kind distribution of the extracted products.
The fundamental rationale for entering into an in-kind distribution partnership (i.e., risk sharing of production activities) is present in many other industries including chemical or petrochemical production, electric power production, and movie production, and those taxpayers should be able to qualify for the special rule as well.
Advantages of taking in-kind distribution of employer securities include: