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Video instructions and help with filling out and completing Form 8023 instructions

Instructions and Help about Form 8023 instructions

What's up guys Peter Vaughn panda here he ordered myself this watch it's a new ability I don't know size bought 8192 men orange quartz wristwatch and I got this one on Amazon this all comes true unboxing here it says new ability on the top let's see and it comes under the current leisure style fashion watch brand seen some current watches here before and I got it because it's pretty cheap 20 bucks but from the pictures I was like ooh this looks halfway decent so I thought I'd check it out so let's see what we have here first of all let's start with the stats it's a 45 millimeter diameter case then obviously black painted very shiny it's now what I'm referring to as jet black post to the iPhone 7 launch let's pull this out here just so we can be sure the sucker runs push on the crown crown and pushers are all black crown is a little knurled as you can see pushers are not and pushers are fake because as you might be able to see they're the sub dials which are actually pretty nicely detailed the two the vertical the 12 and the six o clock ones are kind of pressed into the dial a little like sunk dials the nine o'clock second dial is just painted on and all of the the inset dial hands are just like pressed into the dial there's silver on these two and right over there so they at a glance look legit but they are not they are for decoration only as I'm sure the descriptions would say 45 millimeters pretty wide bezel around here but looks really nice I mean I don't see any of the kind of typical waviness in a really cheap mccann see my fingerprints all up on this all up on this mug but you know smooth and glossy and nice mineral or glass crystal I'm assuming flat pretty flush with the case the case back is looks like it's stainless steel water-resistant I don't know how water-resistant but fairly water-resistant maybe three atmospheres by AB atmospheres probably don't have to worry about splashing it but I wouldn't go scuba diving with it um in and I'm going to come back to the dial because that's what I was most intrigued about but you can see here the band it's kind of this orange leather I mean it's it's not like an obnoxious orange it's kind of more like a a bad spray tan skin orange you know and it matches the numbers on the dial very very well so if you're worried about really being flashy with orange I know that orange is kind of a trendy color I mean I actually like orange a lot this is kind of muted it's actually a little bit more like a like a saddle leather Orange it's you know it's pretty bright is I've finished edges here but in.

FAQ

When can I make a 338 election?
338 election. This election can be made when the acquiring corporation (the buyer) makes a qualifying purchase of 80% or more of the target company's stock. The target company can be either a C corporation or an S corporation, and the buyer can be either a C corporation or an S corporation.
What are the major consequences of a section 338 g election?
A purchaser making a Sec. 338(g) election obtains numerous benefits in the international context. For federal income tax purposes, a Sec. 338(g) election made on a foreign target results in a step-up in the target's assets' bases, eliminates historic earnings and profits (E&P), and ends the target's tax year.
How long do you have to make a 338 election?
If the target is an S corporation, a section 338(h)(10) election must be made by all of the shareholders of the target, including shareholders who do not sell target stock in the QSP. File Form 8023 by the 15th day of the 9th month after the acquisition date to make a section 338 election for the target corporation.
How does a 338 election work?
An Internal Revenue Code (IRC) Section 338 election is often advantageous for buyers in corporate acquisitions. Sec. 338 permits a corporation that makes a qualified stock purchase of another corporation to elect to treat such acquisition as an asset rather than a share acquisition for federal tax purposes.
How does a Section 338 h )( 10 election differ from a section 338 g election?
A Section 338(h)(10) election is much more common than a Section 338(g) election because the 338(g) election results in two levels of tax, whereas a 338(h)(10) election results in only one.
How do I make a section 338 g election?
To make a 338(g) election for a target corporation, the purchasing corporation must acquire the target's stock in a qualified stock purchase (QSP).
What is a section 338 election?
An Internal Revenue Code (IRC) Section 338 election is often advantageous for buyers in corporate acquisitions. Sec. 338 permits a corporation that makes a qualified stock purchase of another corporation to elect to treat such acquisition as an asset rather than a share acquisition for federal tax purposes.
How do I make a 338 H 10 election?
A Section 338(h)(10) election can be made when one corporation purchases the stock of another corporation, and the election must be made jointly by the buyer and the seller.
Can an individual make a 338 election?
Only the deemed purchase/sale of the target company's assets is taken into account for tax purposes. A Sec. 338(h)(10) election can be made only when 1) the target company is an S corporation, or 2) the acquiring corporation buys stock of the target company from one or more corporate shareholders of the target company.
Can an LLC make a section 338 election?
However, an LLC taxed as a partnership is not eligible to make a 338(h)(10) election.
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