Examlex
The PCR method was developed by
Preferential Treatment
Practices or policies that give favorable tax treatment to certain transactions, investments, or income, often to encourage specific economic activities.
Holding Period
The duration of time an investment is owned or held by an investor, which can affect the tax implications of the investment's gains or losses.
Gift Tax
A federal tax on the transfer of property by gift during the donor's lifetime, intended to prevent tax avoidance through the transfer of wealth.
Long-term Loss
A financial loss realized on the sale or exchange of an asset held for more than one year, affecting capital gains tax calculations.
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