How does the wherewithal-to-pay concept affect the recognition of gains on asset dispositions? What else is necessary

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How does the wherewithal-to-pay concept affect the recognition of gains on asset dispositions? What else is necessary for non-recognition of a gain upon disposition of an asset?


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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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