If an individual taxpayer sells an asset he has owned for several years at a gain, he
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If an individual taxpayer sells an asset he has owned for several years at a gain, he generally would prefer that the gain be taxed as a capital gain, rather than an ordinary gain. Why is this so?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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