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According to the Merriam-Webster Legal Dictionary, the legal definition is "a sale and purchase of securities that produces no change of the beneficial owner." [2] The IRS broadened its definition of wash sales in 1993. [6] In the United States, wash sale laws
Wash trading is a form of market manipulation in which an entity simultaneously sells and buys the same financial instruments, creating a false impression of market activity without incurring market risk or changing the entity's market position. Wash trading has been deemed illegal in most jurisdictions.
A wash sale is when you sell an asset, such as a stock or bond, for a loss but have purchased the same asset or a very similar one within 30 days before or after the sale.
Selling, serving and giving alcohol to a minor is a class 4 felony punishable by up to 18 months in prison, [106] except when "a parent, legal guardian or adult spouse of a minor serves alcoholic beverages to that minor on real property, other than licensed premises, under the control of the parent, legal guardian or adult spouse", [107] or for ...
The Revised Code of Washington (RCW) is the compilation of all permanent laws currently in force in the U.S. state of Washington. [1] Temporary laws such as appropriations acts are excluded.
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Whitewash waiver or whitewash resolution is a corporate law concept originating in Hong Kong and Singapore.It refers to a proposed resolution for the waiver of rights of independent shareholders to receive a mandatory takeover from the undertaking shareholders and its concert parties for the ordinary shares of the company not already owned or controlled by them.
Legal drug trade, as with other goods object of commerce, in opposition to smuggling or illegal drug trade, most psychotropic substances' commerce is under control and taxation by world governments, regardless of the relative perceived danger of the goods that are the object of legislation.