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If she sells it quickly, for the basis value, she owes no tax, explained Julian Block, a tax lawyer in Larchmont, N.Y.
The advantage: When we die, the "tax basis" — value for tax purposes — of assets we leave behind is marked up, tax-free, to their value on the day we died.
But to keep the new bill from amounting to a big capital gains tax increase for the heirs, it includes a provision allowing transfer of $3 million in assets to a surviving spouse -- and for all but the biggest estates an additional $1.3 million in assets either to a spouse or to anyone else -- with a "basis" value equal to the asset's value at the time the person died.
The basis value for 100% recovery was determined by the quantification of a mixture containing the quantification standards and the syringe standard as well in the same ratio as used for the analytical procedure.
First dimension of Halton sequence is a Van der corput sequence in basis 2, and second dimension is a Van der corput sequence in basis 3. Indeed, we can say Halton sequence is the same as Van der corput sequence with basis value as the nth primary value for the nth dimension of Halton sequence.
In both counties, this model produces an estimate that is closer to the basis value than the estimates obtained from the standard models.
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The concepts of basis values, coverage, and confidence are used along with the analytical treatment necessary to estimate the load and resistance factors.
This report contains bids and basis values for corn and distillers grain in the state of Iowa alongside commentary on price changes, manufacturing, and demand over the week, as well as the change in each from the previous report.
Wet weight basis values; the value as measured on the STP in its natural form.
Dry weight basis values; the value once corrected for moisture content.
The WIOD also provides WIOTs5 on an annual basis (values are expressed in current prices and denoted in US$), where we take the two tables for 1995 and 2009 as the basis for constructing our C&T-TNs.
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