Examlex
Archaeologists are rarely interested in ancient wind because it has had very little impact on human activity.
Basis
The original value or cost of an asset or investment for tax purposes, crucial for calculating gain or loss on disposition.
Like-Kind Exchange
A tax deferment strategy where an asset is exchanged for another similar asset, deferring capital gains taxes.
Identified
Specified or determined, often used in contexts where certain items, transactions, or options are selected for specific treatment or action.
Involuntary Conversion
This involves compensation received for the destruction, theft, confiscation, or condemnation of property or the disposition of property under threat of these actions.
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