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L. 100 647, § 1002(a)(19), substituted "tangible property (to which section 168 applies)" for "recovery property".
Whereas all tangible property is scarce, ideas or their expression are not.
Those who lost family members were not focused on the recovery of tangible property.
For some it far exceeds the value of their manufacturing plants and other tangible property.
The thought behind this is that "intellectual property", as published work and inventions have since become known, is different in kind from tangible property.
The vital distinction is this: Railroad companies pay taxes on their road-beds, rolling stock, and other tangible property as well as, generally, upon their franchise; and steam-boat companies likewise pay a tax upon their tangible property.
"(b) Sales within the meaning of section 3(k) of the Act include the transfer of title to tangible property, and in certain cases, of tangible and valuable evidencesof intangible property.
The term "rental activity" means any activity where payments are principally for the use of tangible property.
Gifts of art, collections, and other tangible property can be an effective way to provide meaningful support for the University.
To determine whether an interest in tangible property constitutes a U.S. real property interest the transfer of which would be subject to withholding, see § 1.897-1 (b) and (c).
But the United States Court of Appeals for the Second Circuit reversed the convictions by concluding that computer code was not tangible property that came under the two statutes.
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CEO of Professional Science Editing for Scientists @ prosciediting.com