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According to the Merriam-Webster Legal Dictionary, the legal definition is "a sale and purchase of securities that produces no change of the beneficial owner." [2] The IRS broadened its definition of wash sales in 1993. [6] In the United States, wash sale laws
A wash sale is when you sell an asset, such as a stock or bond, for a loss but have purchased the same asset or a very similar one within 30 days before or after the sale.
Beverage distributors (which also sell soft drinks) may sell beer and malt liquor, but not wine [citation needed] or hard liquor. People under 21 may enter most beverage distributors without an adult, since most distributors also sell water, soda, ice, and some snack foods. They are subject to the rules of the individual establishment.
Selling, serving and giving alcohol to a minor is a class 4 felony punishable by up to 18 months in prison, [106] except when "a parent, legal guardian or adult spouse of a minor serves alcoholic beverages to that minor on real property, other than licensed premises, under the control of the parent, legal guardian or adult spouse", [107] or for ...
CVS has agreed to pay Pennsylvania $250,000 to settle consumer complaints that it sold expired food and over-the-counter drugs. The chain must also give $2 coupons to any consumer finding out-of ...
Private liquor stores sell beer, wine, and spirits in most of the state, but under state law, Montgomery County uses a control model, operating 25 off-premise beer, wine, and liquor stores. [33] These county stores are the only off-premise spirits outlets; however, beer and wine only stores are privately owned.
Lawsuit: Brothers were selling legal hemp products. The family's lawsuit, filed in June 2023 in federal court in Cincinnati, is seeking the return of property and money that was seized as part of ...
All outlets selling "hard" liquor are subject to the rules and regulations of the state-run Oregon Liquor Control Commission (OLCC). By law, any establishment wishing to sell any alcoholic beverage in the state must also offer food for sale, including bars, taverns, music venues, fairs and festivals, and strip clubs. Oregon is one of 18 states ...