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To comply with them, he has announced that he will resign as chief executive of his family's real-estate firm, Kushner Companies, and divest himself of "substantial assets," including his ownership stake in an office tower at 666 Fifth Avenue and in the New York Observer.
Kushner's lawyers confirmed Monday that the 35-year-old real estate developer will step down from his position as CEO of the Kushner Companies, his family's real estate business, and divest himself of "substantial assets," including his family's flagship property at 666 Fifth Ave ..
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French residents are taxed in France if their main income arises in the country, their principal activity is in France, or if France is the country where most of their substantial assets reside.
Your own statements have made clear the strategic importance of Yahoo!'s substantial assets and capabilities to Microsoft.
It is for those with a very different problem — the delightful problem of expecting to leave substantial assets to heirs.
Paying excruciatingly close attention, one could pick out the substantial assets of the Concert Overture from 1948, but the experience could be likened to viewing a Dufy painting through cheesecloth.
It can result in an even higher estate tax bill for a family if, for instance, the noncitizen has substantial assets of her own outside the U.S. and plans to return to live in her native country some day.
Fraser & Neave also said on Wednesday that, under Singaporean securities law, it was blocked from selling substantial assets because of the takeover offer now on the table.
"Some services and components have acquired substantial assets beyond the requirements of their core missions, and the past 10 years of elevated defense spending have accelerated this trend.
She said the company was not insolvent and had substantial assets including £30m worth of players and the problems had been caused by a "temporary cash flow difficulties".
It would be irresponsible to deploy substantial assets merely on the basis of unverified and uncorroborated information.
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