Transfer of assets definition

Transfer of assets means transfer of resources or income for less than fair market value for the purposes of rule 441—75.23(249A). For example, a transfer of resources or income could include establishing a trust, contributing to a charity, removing a name from a resource or income, or reducing ownership interest in a resource or income.
Transfer of assets means an operation whereby a company transfers without being dissolved all or one or more branches of its activity to another company in exchange for the transfer of securities representing the capital of the company receiving the transfer;
Transfer of assets means an operation whereby a Member State loses the right to tax the transferred assets, whilst the assets remain under the legal or economic ownership of the same taxpayer;

Examples of Transfer of assets in a sentence

  • Significant unobservable inputs Transfer of assets between Level 1 and Level 2Financial assets and liabilities transferred from Level 1 to Level 2 are the result of securities no longer being traded in an active market.

  • Transfer of assets, rights and liabilities (1) In this section — assets does not include moneys standing to the credit of an account established under section 64 for a health service provider.

  • Changes to health service providers Division 1 — Transfer of assets, rights and liabilities 194.

  • Transfer of assets shall be done through a ‘Transfer Scheme’ by Government of Odisha after due notification.

  • Transfer of assets or inventory items refers to the internal transfer of assets within the municipality or from the municipality to another entity.


More Definitions of Transfer of assets

Transfer of assets means changing ownership or title of an asset such as income, real property, or personal property by one of the following:
Transfer of assets means an operation whereby the right to tax the transferred assets passes to another Member State or third country, whilst the assets remain under the beneficial ownership of the same taxpayer, excluding transfers of assets of a temporary nature as long as the assets are intended to revert to the Member State of the transferor;
Transfer of assets means any transfer or assignment of a legal or equitable interest in property, as defined in section 702.14, from a transferor to a transferee for less than fair consideration, made while the transferor is receiving medical assistance or within five years prior to application for medical assistance by the transferor. Any such transfer or assignment is presumed to be made with the intent, on the part of the transferee; transferor; or another person acting on behalf of a transferor who is an actual or implied agent, guardian, attorney-in-fact, or person acting as a fiduciary, of enabling the transferor to obtain or maintain eligibility for medical assistance or of impacting the recovery or payment of a medical assistance debt. This presumption is rebuttable only by clear and convincing evidence that the transferor’s eligibility or potential eligibility for medical assistance or the impact on the recovery or payment of a medical assistance debt was no part of the transferee’s reason of the transferee; transferor; or other person acting on behalf of a transferor who is an actual or implied agent, guardian, attorney-in-fact, or person acting as a fiduciary for making or accepting the transfer or assignment. A transfer of assets includes a transfer of an interest in the transferor’s home, domicile, or land appertaining to such home or domicile while the transferor is receiving medical assistance, unless otherwise exempt under paragraph “b”.Sec. 353. Section 249F.1, subsection 2, paragraph b, subparagraph (6), Code 2009, is amended to read as follows:(6) Transfers of assets that would, at the time of the transferor’s application for medical assistance, have been exempt from consideration as a resource if retained by the transferor, pursuant to 42 U.S.C. § 1382b(a), as implemented by regulations adopted by the secretary of the United States department of health and human services, excluding the home and land appertaining to the home.DIVISION XXXVICHILD CARE ADVISORY COMMITTEESec. 354. NEW SECTION. 135.173A Child care advisory committee.
Transfer of assets. ’ means any transfer or assignment of any legal or equitable interest in any asset that partially or totally passes the use, con- trol, or ownership of the asset of an applicant or recipient, or the spouse of an applicant or recipi- ent, to another person or corporation, including any of the following:
Transfer of assets means when Party A is exercising its Asset Purchase Option, according to Article 3 of this Agreement, Party A has the right to require Party C to transfer Company Assets to it or its designated entities or individuals. The assets to be transferred can be all or part of the Company Assets, and the specific amount shall be freely determined by Party A in accordance with the provisions of the Chinese Laws at that time and its own commercial considerations.
Transfer of assets. Guarantor further agrees that until Borrower's Indebtedness to Bank is paid in full, Guarantor will not, without Bank's prior written consent- (i) make any voluntary transfer of any of Guarantor's assets which would have the effect of materially diminishing Guarantor's present net worth or (ii) guaranty the debts or obligations of any other Person.
Transfer of assets means an operation whereby a company transfers without being dissolved all or one or more branches of its activity to another company in