The issuer must be of the organization where <u>Securities issued by nonprofit organizations are exempt from </u><u>federal registration</u><u>, regardless of how they are sold.</u>
<h3>
What is federal registration?</h3>
- The federal registration, the U.S. federal government's official journal, publishes notices to the public, proposed regulations, and guidelines for government agencies.
- Except for federal holidays, it is published every workday. The Code of federal registration (CFR), which is revised yearly, codifies the final rules issued by a federal agency and published in the Federal Register after being rearranged by theme or subject matter.
- The Government Publishing Office prints the federal registration after it has been assembled by the Office of the federal registration (a division of the National Archives and Records Administration). The federal registration is free from copyright restrictions because it is a government-produced work and belongs to everyone.
To learn more about federal registration with the given link
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Question Continuation
Determine the tax consequences of the redemption to Tammy and to Broadbill under the following independent circumstances.
Tammy and Jeremy are grandmother and grandson.
Answer:
See Explanation Below
Explanation:
Given.
Tammy number of shares = 300
Yvette number of shares = 400
Jeremy number of shares = 300
Each of the shareholders paid $50 per share.
Tammy's Ownership is calculated by; (300+300)/1000
= 600)1000
= 60% ---- before redemption
Tammy's Ownership = (150 + 300)/850
Tammy's ownership = 450/850
Tammy's Ownership = 52.94% ---- after redemption
The constructive ownership of Tammy is more than 80%, this means that the distribution is considered as income to Tammy
Answer:
gained the ability to produce and distribute sport content and commentary.
Explanation:
In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.
Answer:
Technician A says a fleet shop is usually connected with either a business that runs multiple vehicles or with equipment that is maintained and repaired in house.
Answer:
e) transitioning upward in an organization.
Explanation:
Based on the information provided within the question it can be said that this is good advice for those who are transitioning upward in an organization
. This is because it allows them to understand how to always perform their best regardless of the position they are in within the organization, and by doing so giving them better chances to ascend.