section 1031 exchange

55 results for section 1031 exchange

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  • 2013 Tax Rate Changes Make 1031 Like-Kind Exchanges An Attractive Option For Art Investors

    ...Art collectors will be subject to a 3.8% tax rate increase on the gain from the sale of art. Therefore, structuring a sale of art to qualify as an Internal Revenue Code Section 1031 Like-Kind Exchange may be an attractive option for art investors who wish to defer gain recognition. Taxation of gain from the sale of art in 2013. Beginning in 2013, the 2010 Health Care ...

  • Cavendish Square Holding BV (Appellant) v Talal El Makdessi (Respondent)

    ...The rule was regularised and extended by two statutes of 1696 and 1705. Section 8 of the Administration of Justice Act 1696 (8 & 9 Will 3 c 11) is a prolix provision whose effect ... to the adequacy of the price or remuneration, as against the goods or services supplied in exchange." . This, although subsection (2) is differently worded, gives effect to article 4 of the ...

  • Lezon v Regional Court In Tarnow, Poland, Court of Appeal - Administrative Court, July 07, 2015, [2015] EWHC 1908 (Admin)

    2. The appellant is the subject of a European Arrest Warrant (``EAW'') issued on 7 April 2014 by the Regional Court of Tarnow, Poland, requesting his surrender to Poland in order that he serve two sentences of 18 months each for offences described in the EAW as ``fraud''. The offences occurred in 2001 and 2002. The first sentence relates to two...

    ... of money involved is 23,697 zlotys which equals about £4,740 at the current rate of exchange. The list of Framework Offences is ticked at the box marked ``fraud''. . 5. The current EAW was ... The appellant argued, therefore, that his extradition was barred by virtue of sections 11 and 21(1) of the EA. The main extradition hearing took place on 11 February 2015 and the ...

  • Reilly and Hewstone v Secretary of State for Work and Pensions, Court of Appeal - Civil Division, April 28, 2016, [2016] EWCA Civ 413

    1. There are before the Court two appeals, to which we will refer as ``the judicial review appeal'' and ``the Upper Tribunal appeal'', about the effect of the Jobseekers (Back to Work Schemes) Act 2013. That Act is avowedly retrospective legislation which purports to validate the imposition of sanctions on claimants for jobseeker's allowance which...

    ... only remedy of the claimants affected is by way of a declaration of incompatibility under section 4 of the Human Rights Act 1998. In order to explain the issues more fully it is necessary to start ... 1992 Act, but the Court regarded that as in substance simply a further salvo in the same exchange and falling to be considered according to the same principles (save to the extent that the ...

  • Versloot Dredging BV and another (Appellants) v HDI Gerling Industrie Versicherung AG and others (Respondents)

    ... after 12 August 2016, the rule has been restated and its other consequences defined in section 12 of the Insurance Act 2015. The question at issue on this appeal is what constitutes a fraudulent ...Page 5 . Cf Galloway v Guardian Royal Exchange (UK) Ltd [1999] Lloyd's Rep IR 209, 214 (Millett LJ); Direct Line Insurance v Khan [2002] ...

  • The Recognised Auction Platforms Regulations 2011

    The Treasury are a government department designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in relation to measures relating to the operation of regulated markets and clearing or settlement systems and in relation to insider dealing and market manipulation. The Treasury, in exercise of the powers conferred on the...

    ...The Treasury are a government department designated(1) for the purposes of section 2(2) of the European Communities Act 1972(2) in relation to measures relating to the operation of ...“recognised investment exchange” means an investment exchange other than an overseas investment exchange in relation to which a ...

  • ParkingEye Limited (Respondent) v Beavis (Appellant)

    ...The rule was regularised and extended by two statutes of 1696 and 1705. Section 8 of the Administration of Justice Act 1696 (8 & 9 Will 3 c 11) is a prolix provision whose effect ... to the adequacy of the price or remuneration, as against the goods or services supplied in exchange." . This, although subsection (2) is differently worded, gives effect to article 4 of the ...

  • IPCO (Nigeria) Ltd. v Nigerian National Petroleum Corporation, Court of Appeal - Commercial Court, April 17, 2008, [2008] EWHC 797 (Comm)

    1. On this application the court has to consider its power of enforcement of a New York Convention award in circumstances where a challenge to the validity of the award is pending before the supervisory court. An unusual feature of the application is that the court has already once before had to consider whether to adjourn a decision on enforcemen...

    ... However, since Nigeria is a state specified by Order in Council under section 100(3) of the Arbitration Act 1996, the award is also a New York Convention award. Accordingly it ... of the sterling equivalent of the Dollar and Naira sums awarded converted at rates of exchange said to be prevailing as at 23 November 2004. Interest for 26 days, 28 October 2004 to 23 November ...

  • Seldon (Appellant) v Clarkson Wright and Jakes (A Partnership) (Respondent)

    ..."(1) This regulation applies in relation to an employee within the meaning of section 230(1) of the [Employment Rights Act 1996], a person in Crown employment, a relevant member of the ...(iv) ensuring a mix of generations of staff so as to promote the exchange of experience and new ideas ( Georgiev, Fuchs ); . (v) rewarding experience ( Hütter , Hennigs) ; ...

  • Albion Water Ltd v Director General of Water Services (Dwr Cymru/Shotton Paper), Court of Appeal - United Kingdom Competition Appeals Tribunal, December 22, 2005, [2005] CAT 40

    1. Albion Water Limited (``Albion'') appeals against decision CA98/01/2004 dated 26 May 2004 (the ``Decision'') of the Director General of Water Services (the ``Director'' In this judgment ``Director'' refers to the office and not to any particular individual.) to the effect that Dwr Cymru Cyfyngedig (``Dwr Cymru'') has not infringed the Chapter I...

    ... Cymru Cyfyngedig (``Dwr Cymru'') has not infringed the Chapter II prohibition set out in section 18 of the Competition Act 1998 (the ``1998 Act'') in relation to the price offered by Dwr Cymru to ...(see Mr Gale's letter to the Director of 15 October 2003). 63. Following this exchange, and further contacts, in July 2003 Pennon agreed to transfer full control of Albion to Dr Bryan ...

  • Neil Duncan Young

    ...(to the extent specified in section 5(4A) in the Bankruptcy (Scotland). Act 1985) his estate to me, David J Hill, BDO LLP, 4 Atlantic ...All of which intimation is hereby given. Messrs. Lindsays, Caledonian Exchange, 19. A. EH3 8HE. Solicitors for Petitioner. PRENDRUM LIMITED. Notice is hereby given that on 21 ...

  • Dalmonach Developments Limited

    ...Caulfield, for an Order in terms of Section 1031 of the Companies. Act 2006, to restore Dalmonach Developments Limited to the Register of ... number LP011931), having its principal place of business at c/o F&C Asset Management plc, Exchange House, Primrose Street, London EC2A 2NY (the “Partnership”), hereby gives notice that, pursuant ...

  • The National Savings (No. 2) Regulations 2015

    in relation to a money value certificate, any part of the purchase price of that certificate which is repayable separately from the remainder under the relevant prospectus, and any interest or bonus or other amount which has accrued in relation to that certificate or that part of the purchase price which is to be repaid; in relation to a certi...

    ...Coming into force. 6 th April 2015. The Treasury in exercise of the powers conferred by sections 3 and 11 of the National Debt Act 1972(1) make the following Regulations:. PART 1 Introductory ...(b) the denomination and amount of stock held. (2) On the transfer, exchange, conversion, redemption or repayment of stock the Director of Savings must enter the necessary ...

  • IPCO (Nigeria) Ltd v Nigerian National Petroleum Corporation, Court of Appeal - Commercial Court, April 27, 2005, [2005] EWHC 726 (Comm),[2008] 2 Lloyd's Rep 59

    1. On the 29th November, 2004, David Steel J ordered, ex parte, that the Defendant (``NNPC'') pay the sterling equivalent of US$152,195,171 and Naira 5,000,000 awarded to the Claimant (``IPCO'') by an arbitration award of a distinguished panel of Nigerian arbitrators, dated Lagos 28th October, 2004, together with interest to date (``the order'', ``

    ...(4) In this section `the New York Convention' means the Convention on the Recognition and Enforcement of Foreign ..., delay and the increased costs of materials and services occasioned by inflation and exchange rate fluctuations over the delay period (``variations'', ``prolongation'' and ``escalation'' ...

  • Albion Water Ltd v Water Services Regulation Authority, Court of Appeal - United Kingdom Competition Appeals Tribunal, December 18, 2006, [2006] CAT 36

    1. Following an interim judgment on 22 December 2005 [2005] CAT 40 (``the interim judgment''), the Tribunal gave its main judgment in these proceedings on 6 October 2006 [2006] CAT 23 (``the main judgment''). The present judgment deals with the issues of substance and relief that now remain to be decided, following further submissions of the parti...

    ... does in paragraphs 331 and 338 of the Decision, that the Costs Principle set out in section 66E of the WIA91 supports the conclusion which the Director reached in the Decision, since (i) the ...) various studies carried out on behalf of United Utilities between 1997 and 1999; (ii) an exchange of emails between Albion and United Utilities at the end of 2001; and (iii) the Director's own ...

  • Novartis AG & Anor v Johnson & Johnson Medical Ltd (t/a Johnson & Johnson Vision Care) & Anor, Court of Appeal - Patents Court, July 10, 2009, [2009] EWHC 1671 (Pat)

    1. This is a patent infringement action concerning extended wear contact lenses, that is to say lenses which may be left in the eye overnight or even for several days. The first and second claimants are respectively the proprietors and exclusive licensees of European Patent UK No 0,819,258 (``the Patent'') and they contend that the defendants have

    ...The defendants say that the Patent lacks novelty under section 2(3) of the Patents Act 1977 (``the Act'') in the light of two applications WO 96/31791 ... that in the healthy eye the cornea is covered by a continuous tear film which allows the exchange of ocular fluid, the provision of metabolic products to the cornea and the removal of metabolic ...

  • Bank of Tokyo-Mitsubishi UFJ, Ltd & Anor v Baskan Gida Sanayi VE Pazarlama A.S. & Ors, Court of Appeal - Chancery Division, June 11, 2009, [2009] EWHC 1276 (Ch)

    1. At the end of December 2001 Baºkan Gida Sanayi Ve Pazarlama A.S. (``Baºkan Gida'') was, and had for many years been, the largest single exporter of hazelnuts in Turkey and, indeed, in the world. On 14th December 2001 Baºkan Gida made a loan agreement (``the Facility'') with the Bank of Tokyo-Mitsubishi UFJ Ltd and KBC Bank N.V. (respectively ``

    ...He was at the material time in charge of the Import Section within the Trade Finance department of BTM, which was itself part of the European Operating Service ... euros), but acquired by exporters within Turkey in Turkish lira, wide fluctuations in the exchange rate could produce market distortions in which purchase price movements could appear quite ...

  • Bishlawi & Anor v Minrealm Ltd & Ors, Court of Appeal - Civil Division, May 25, 2010, [2010] EWCA Civ 780

    1. This appeal arises out of an unfair prejudice dispute, originally under the Companies Act 1985 section 459, and after 1 October 2007 under section 994 of the Companies Act 2006, between the shareholders of Minrealm Limited ("Minrealm") and Minrealm VAT Refunds Limited ("Minrealm Refunds"), which are the first and second respondents. Like many s...

    ... appeal arises out of an unfair prejudice dispute, originally under the Companies Act 1985 section 459, and after 1 October 2007 under section 994 of the Companies Act 2006, between the shareholders ...39. Making due allowance, therefore, for a period of time after the exchange of the offers in the Answer and the Reply for reaching agreement between the parties and bringing ...

  • Thornton v Telegraph Media Group Ltd, Court of Appeal - Queen's Bench Division, June 16, 2010, [2010] EWHC 1414 (QB)

    1. The Defendant in this libel action applies for summary judgment, alternatively a ruling on meaning under CPR PD53 para 4.1, in relation to one part of the words complained of and the meaning attributed to those words by the Claimant. 2. The action has been before the court on a number of occasions. It is the subject of a judgment of Sir Charles...

    ...There was an exchange between the bench and Mr Price during that oral application, following which that application was ... right-thinking members of society generally think the worse of Dr Thornton (the views of a section of a society, such as journalists, being irrelevant). Or if it would, then it would not do so to ...

  • The Equality Act (Age Exceptions for Pension Schemes) Order 2010

    The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by sections 61(8) and 207(1) , (2) and (4)(a) of, and paragraph 16 of Schedule 9 to, the Equality Act 2010(1): Citation and commencement 1.  This Order may be cited as the Equality Act (Age Exceptions for Pension Schemes) Order 2010 and shall ...

    ... for Work and Pensions makes the following Order in exercise of the powers conferred by sections 61(8) and 207(1) , (2) and (4)(a) of, and paragraph 16 of Schedule 9 to, the Equality Act 2010(1):. ...(c) any age related benefit commuted in exchange for the payment of any lump sum. Contributions. 3.  Any difference in the rate of member or ...

  • Barton v The Church Commissioners for England, Court of Appeal - Chancery Division, December 15, 2008, [2008] EWHC 3091 (Ch)

    1. The issue in this case is: have the Church Commissioners for England (``the Church Commissioners'') established, on the evidence before the Court, that they and/or their predecessors in title (the Bishop of Hereford and the Ecclesiastical Commissioners for England) have acquired by prescription, whether at common law or by virtue of the doctrine...

    ...21. The hearing before me was the trial of this preliminary issue. By an exchange of correspondence on 27th October 2008, the parties' solicitors agreed, for the purposes of the ...Under the Land Registration Act 2002, section 3(1), a profit à prendre in gross, when the subject of an absolute grant or for a lease of more ...

  • Weekly Financial Services Regulatory Update - 16.03.12

    ... FSA, the UKLA, the Upper Tribunal, the Financial Ombudsman Service and the London Stock Exchange over the past week, with links to the full documents where these are available. If you have any ... For the related speech, please see the relevant section of this update. http://www.fsa.gov.uk/library/communication/pr/2012/027. shtml. 13 March: Head ...

  • Albion Water Ltd & Ors v Water Services Regulation Authority, Court of Appeal - United Kingdom Competition Appeals Tribunal, January 08, 2007, [2007] CAT 1

    1. Following an interim judgment on 22 December 2005 [2005] CAT 40, the Tribunal gave judgment in Case no. 1046 on 6 October 2006 [2006] CAT 23 (``the main judgment''). In a further judgment of 18 December 2006 [2006] CAT 36, the Tribunal made a number of declarations and orders and continued an order for interim relief made on 20 November 2006.

    ... been permitted by Parliament through provision for funding arrangements conforming with section 58 of the Courts and Legal Services Act 1990 (``CLSA 1990''). Generally speaking, funding ... a period of ``without prejudice'' correspondence and other attempts at negotiation, an exchange of open correspondence took place on 13 and 14 December 2006. . 54. On 13 December 2006, the ...

  • Zambia v Meer Care & Desai (a firm) & Ors, Court of Appeal - Chancery Division, May 04, 2007, [2007] EWHC 952 (Ch)

    1. In this action the Attorney General of Zambia (``AGZ'') for and on behalf of the Republic of Zambia claims to recover sums which were transferred by the Ministry of Finance (``MOF'') between 1995 and 2001. The money in question was transferred on the basis that it was required to pay debts owed by the Government. It is acknowledged by the Clai...

    ................... MR JUSTICE PETER SMITH. Peter Smith J : . INDEX. A INTRODUCTION SECTION. Paragraph 1 The Case. 3 Details of Defendants. 11 Why the ... FJT demanded and obtained £30,000 in cash from BT. Assuming a generous exchange rate of $1.5 equals £1 that represents nearly half of his presidential salary for 10 years. . 47. ...

  • Gallaher International Ltd v Tlais Enterprises Ltd (Rev 1), Court of Appeal - Commercial Court, April 18, 2008, [2008] EWHC 804 (Comm)

    1 In the first of these two actions Gallaher International Ltd claims that by a letter dated 4th March 2005 it lawfully terminated a distribution agreement between it and Tlais Enterprises Limited (``TEL'') whereby TEL was appointed as Gallaher's distributor in respect of certain specified brands of cigarettes. TEL disputes that the TEL Agreement

    ... Ltd was until 1997, when Gallaher Limited was floated on the London and New York stock exchanges, owned ultimately by American Brands Inc., a US based conglomerate with many interests, including ...According to paragraph (viii) of the Banking Matters section of the letter of 29th April the stock was to be security for a guarantee by BLOM in favour of ...