'underlying transactions' is a correct and usable phrase in written English.
You might use it to refer to underlying financial transactions, such as those involving stocks or bonds. For example: "The underlying transactions of the company were not fully disclosed to investors."
The letter also restricts itself to income on Mr. Trump's returns, with no exploration of underlying transactions of other entities that file their own returns, such as partnerships.
The auditors found many errors in underlying transactions, but despite that, "since 2007 we have signed off on the accounts - they represent materially and fairly the state of income and expenditure of the EU", he said.
Firstly, the Court of Auditors, in its annual report, makes repeated criticism of 'the accuracy and reliability of underlying transactions'.
(13) For cases involving multi-sided digital interfaces that facilitate an underlying supply of goods or services directly between users of the interface, the underlying transactions and the revenues obtained by users from those transactions should remain outside the scope of the tax.
"The underlying transactions were entered into in a business that no longer exists at UBS, and involved employees who are not longer with the firm," the statement said.
The reasoning was that the I.R.S. was unlikely to discover the underlying transactions, and that even if we did, any penalties assessed could be absorbed as a cost of doing business.
"We find that these connections failed to create a substantial nexus with New York, given that the events of the underlying transaction otherwise occurred entirely in a foreign jurisdiction".
The case raises the question of what level of disclosure and due diligence is required in complex transactions between financial institutions when one side has access to more information about the assets underlying the transaction, Philippe Z. Selendy, a lawyer at Quinn Emanuel who represents HSH, told The Times.
Prosecutors said Mr. Miller had falsely answered questions from a hedge fund about the structure of the fund, its reasons for selling the note and the documents underlying the transaction.
Tourre's lawyers portrayed him as a young employee who was one of many Goldman Sachs employees who worked on the 2007 deal known as Abacus that had subprime mortgage-backed securities underlying the transaction.
Moreover, the estimation of the empirical counterparts to Eqs. 8 and 9 require data on contracted prices P, estimates of P L and P T, and data on exogenous factors, Z, that are theoretically related to the bargaining power underlying each transaction.
