Examlex
The recipient of a nontaxable stock distribution will have a zero tax basis in the stock.
Attorney-client Relationship
A legal relationship established when an attorney agrees to provide legal representation to a client, characterized by confidentiality and a duty of care.
Privileged Communications
Confidential communications that are protected from disclosure in legal proceedings under certain conditions.
Accounting Fraud
The intentional manipulation of financial statements to create a false appearance of a company's financial health, typically for personal gain.
Suspicious Financial Transactions
Financial activities that might suggest money laundering, fraud, or other illegal conduct, often monitored for regulatory compliance and crime prevention.
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