A Special Summary and Forecast Of Federal and State Tax Developments
A Special Summary and Forecast Of Federal and State Tax Developments
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Author / Creator
Publisher
New York, N.Y: Dow Jones & Company Inc
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Language
English
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Publication information
Publisher
New York, N.Y: Dow Jones & Company Inc
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Scope and Contents
Contents
A little-noted rule would limit the benefit of a lower tax on gains when property is sold, by letting Uncle Sam "recapture" all taxes lost from past depreciation. The law now taxes as ordinary income only gains derived from accelerated write-offs; gains from straight-line write-offs -- equal sums annually -- are capital. That makes little differenc...
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Full title
A Special Summary and Forecast Of Federal and State Tax Developments
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TN_cdi_proquest_newspapers_398205730
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_newspapers_398205730
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ISSN
0099-9660
