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transfer |
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transferTo send data over a computer channel or bus. "Transfer" generally applies to transmission within the computer system, and "transmit" refers to transmission outside the computer over a line or network. transfer 1. a design or drawing that is transferred from one surface to another, as by ironing a printed design onto cloth 2. Law the passing of title to property or other right from one person to another by act of the parties or by operation of law; conveyance How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Transferors may elect out of the allocation rules on the gift tax return reporting the transfer to the trust or on a gift tax return filed for any calendar year after the year of the transfer, up to and including the calendar year in which the ETIP closes. In this case, Peracchi will give such transferors the ability to argue that their notes have a basis equal to face amount, particularly if all of the formalities of the obligation are observed. The control test is failed if public purchasers, who are not transferors, end up owning more than 20% of Newco's stock. |
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