Examples of Purpose Trusts in a sentence
Purpose Trusts Each Purpose Trust includes in computing its income taxable distributions received on securities held by it, including any special dividends, the taxable portion of capital gains realized by the fund on the disposition of securities held by it, and income earned by any securities lending activity.
The Purpose Trusts may be subject to the suspended loss rules contained in the Tax Act.
The manager has advised counsel that, generally, the Purpose Trusts will include gains and deduct losses on income account, rather than as capital gains and capital losses, in connection with investments made through derivative transactions, except where such derivatives are entered into in order to hedge, and are sufficiently linked with, securities that are held on capital account by the fund, and will recognize such gains or losses for tax purposes at the time they are realized by the fund.
Purpose Trusts Each Purpose Trust’s units are divided into several classes or series.
Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, EST.
An unlimited number of ETF Units and mutual fund units are authorized for issuance by each of the Purpose Trusts.
For a discussion of the significant differences between Batam and Bintan, see Ford and Lyons (2006).
Part 7 [Charitable Gifts, Charitable Trusts and Non-Charitable Purpose Trusts].
Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, 36 Est.
Funding for this project came party from HUB funding and from reinvestment dollars.