Isolated transaction definition

Isolated transaction means not more than a total of two transactions that occur anywhere during six consecutive months.
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Isolated transaction means not more than a total of two transactions which occur anywhere during six consecutive months.
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Isolated transaction means a total of no more than two transactions involving the sale, exchange, rent or lease of land during a twelve-month period;
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More Definitions of Isolated transaction

Isolated transaction within the meaning of RCW 21.20.320(1) includes:
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Isolated transaction means a transaction or event in which tangible personal property or a taxable service is sold, transferred, offered for sale or delivered by the owner thereof or by his representative. In order to qualify as an isolated transaction, the seller may not be in the business of selling the type of tangible personal property or rendering the service which is the subject of the transaction. The isolated transaction may be in the form of a single transaction, or a series of individual transactions which would be an event. An example of a single transaction would be the sale of a boat. An example of a series of transactions comprising an event would be a yard sale. An event may not be longer than forty- eight (48) hours in duration. A person qualifying for the exemption shall have the isolated transaction exemption available for up to a total of four (4) "isolated transactions" (whether they be "transactions" or "events," as herein described,) in any twelve (12) month period. The fifth (5th) transaction or event and any transaction or event thereafter in any such twelve (12) month period is taxable. Any purported "event" having a duration longer than forty-eight (48) hours shall be treated as two (2) or more successive "events." If the number of total aggregate events is greater than four (4) for any twelve (12) month period, any purported event beyond four (4) is a taxable activity.
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Isolated transaction means an offer or sale of a security or securities, whether effected through a dealer or not, where the number of persons solicited in this State in any one twelve-month period on behalf of the seller with respect to the securities shall not exceed twenty-five.
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Related to Isolated transaction

  • Designated Transaction means a Transaction which fulfils the following requirements:

  • Exempted Transaction means a securities transaction listed in Section D.2. The purchase or sale of a security through an Exempted Transaction generally IS exempted from the prohibition on purchases in Section D.1., and the sale pre-approval requirements in Section D.3., UNLESS otherwise noted in Section VI. An Exempted Transaction generally IS NOT exempted from the general conduct guidelines in Section C, or the reporting requirements in Section E.1.

  • Completed Transaction means two counter deals of the same size in different directions (opening a position and closing the position): buying and then selling or selling and then buying.

  • Related Transactions means the initial borrowing under the Revolving Loan on the Closing Date, the Refinancing, the payment of all fees, costs and expenses associated with all of the foregoing and the execution and delivery of all of the Related Transactions Documents.

  • Bundled transaction means the purchase of 2 or more distinct and identifiable products, except real property and services to real property, where the products are sold for a single nonitemized price. A bundled transaction does not include the sale of any products in which the sales price varies, or is negotiable, based on the selection by the purchaser of the products included in the transaction. As used in this subdivision: