With this Supreme Court case, copyright owners are now demanding their rights supercede the rights of owners of actual tangible property.
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Turning tangible property into fantasy investments, she had given over the fruits of a lifetime of hard work by her and her late husband to crooks and con men.
In 1987 the Court dealt a death knell to the denial of services fraud doctrine, limited the mail and wire fraud statutes to protection of tangible property rights and challenged Congress to fix the problem if it wished to do so.
With replicator technology available, there will be little distinction between tangible personal property and intellectual property.
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Sales taxes focus on sales of tangible personal property, but property is often produced when you hire someone to perform a service.
Use tax is the mirror image, applying to tangible personal property purchased outside the taxing state, but brought into the state and used there.
Sales tax applies to most sales of tangible personal property.
How do you know if a transaction involves a sale of tangible personal property (sales tax applies) or the performance of services with a property transfer merely being incidental (no sales tax)?
Accordingly, they do not constitute tangible personal property.
Under current law, when you donate tangible personal property, such as art or furniture, you can deduct only the lesser of what you paid for it or what it's currently worth--unless the charity keeps and uses the item for an activity related to its charitable work.
The foregoing limitation of liability shall not apply to the extent that any liability arises from the gross negligence or willful misconduct of the Investment Consultant, its employees, affiliates, agents or contractors or from bodily injury, death of any person, or damage to any real or tangible personal property.
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The Capone name, as is typically the case with celebrity homes, does not add tangible value to a property.
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