âHastenâ or âspeed upâ, not âfastenâ. If it is a check you wrote on a BofA account to someone else, the issue may be that they have not deposited the check yet. Once deposited, most checks clear in one day as banks use electronic images of the checks, not the actual checks, to clear them.
B. Sec. 351 Transfers Basis of Property Received by Corporation. 1. The corporation s basis in the property received is determined as follows: 2. Figure 1 presents a variety of transactions involving Sec. 351 transfers.Gain computations and basis computations are included. Review these examples carefully.he corporation s basis in the property received is determined as follows: 2. Figure 1 presents a variety of transactions involving Sec. 351 transfers. Gain computations and basis computations are included.
The Queensland Government collects Transfer Duty, also know as `Stamp Duty' on most property transactions. It is collected by the Office of State Revenue. The purchaser is responsible for the payment of this duty. A transfer duty liability is created when a person enters into a dutiable transaction relating to dutiable property in Queensland. In most instances, transfer duty is calculated on the value of the property or consideration involved. Depending on the nature of the transaction, certain concessions and exemptions are available.