Government agencies were to have
purchased and introduced to federal fleets some 10,000 light-duty alternative-fueled vehicles in 1995 alone, and by fiscal 1999, 75 percent of all federal purchases would be of "green" cars and trucks.
Distributing or Controlled stock acquired by purchase within the five-year period (including stock indirectly acquired by purchase) will no longer be considered as
purchased if (and when) the basis resulting from that purchase is eliminated.
Suspect guns, firearms
purchased by a suspected trafficker but not yet recovered, usually are trafficked illegally.
Importantly, they should also take steps wherever possible to capture data from the vendors' point-of-sale transaction systems on the items
purchased, tax paid and the like.
0 million loans they
purchased from other institutions.
Under a joint-life policy plan, one insurance policy on the shareholders' joint lives is
purchased.
If, on the other hand, the purchase requires investigation because either an entire business is bought or other assets are being
purchased that require due diligence and a financial investment prior to the purchase, the purchaser may want to enter into a binding agreement with the DIP (or the bankruptcy trustee) subject only to bankruptcy court approval.
Most notably, officials
purchased or rented 102 bungalows between January 1998 and August 1998.
Under the stock consistency rules of section 338(f), a corporation that
purchased 80 percent or more of the stock of each of two related corporations within a designated acquisition period was required to treat those corporations in the same manner for purposes of section 338, with the treatment of the first corporation acquired controlling the treatment of the second.
The Tax Court agreed with the IRS and held that, while Hamilton correctly placed the acquired inventory in the same pool as subsequently
purchased or produced inventory, it Constituted a separate item.
C]orporation A
purchased 30 percent of the common stock of corporation W (the only class of stock outstanding) for cash in 1939.
The number of shares to be
purchased and the purchase price per share are preliminary.
