What INTANGIBLE PERSONAL PROPERTY means: Property, other than real property, with no intrinsic value; its value lies in the rights conveyed. Examples include cash, insurance, stock, goodwill, and patents.
- Definition Individual Retirement Arrangement (IRA):
- Dictionary retirement arrangement is a trust set up to receive retirement contributions of individuals. The arrangement may be in the form of an individual retirement account or individual retirement annuity intangible personal property definition.
- Definition Incentive Stock Option:
- Dictionary option that allows an employee to purchase stock of the employer below current market price. Although the grant or exercise of such an option results in no income for the "regular" tax, the intangible personal property explain.
- Definition Imputed (Or Unstated) Interest:
- Dictionary certain long-term sales of property, the IRS has the authority to convert some of the gain from the sale into interest income if the contract does not provide for a minimum rate of interest to be intangible personal property what is.
- Definition Insurance Dividends:
- Dictionary policy holders are not dividends on capital stock, but are a rebate of a portion of the premiums paid for the insurance. Such dividends reduce the cost of the insurance and are not taxable unless in intangible personal property meaning.
How works Intangible Personal Property meaning in Tax definitions I .
