Examlex
What kind of group is a larger,more specialized grouping in which the members engage in more impersonal,goal-oriented relationships for a limited period of time?
Long-term Capital Losses
Financial losses realized from the sale of assets held for more than a year, which can be used to offset capital gains for tax purposes.
Short-term Capital Gains
Profits from the sale of an asset held for a year or less, typically taxed at higher rates than long-term capital gains.
Section 1202
A provision in the U.S. tax code offering exclusion on gains from the sale or exchange of qualified small business stock held for more than 5 years.
Preferential Rates
Tax rates lower than the standard rates, often applied to long-term capital gains and qualified dividends.
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