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The Stock or shares that are sold to investors without transactions though the financial institutions are classified as :
direct transfer
indirect transfer
global transfer
pension transfer
A direct transfer is a transfer of assets from one type of tax-deferred retirement plan or account to another. Direct transfers are not considered official distributions and are therefore not taxable as income or subject to any penalties for early distribution. This type of transfer now usually occurs electronically
By: Srishti Gupta ProfileResourcesReport error
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