Examlex
Values are broad preferences concerning appropriate courses of action or outcomes.
Section 1202
A section of the Internal Revenue Code that provides a tax benefit for small business stockholders by excluding part of the gain realized on the sale or exchange of qualified small business stock held for more than five years.
Qualified Small Business Stock
A special designation for shares in certain small businesses that can offer investors tax advantages under specific conditions.
Long Term Capital Gain
Profit earned from the sale of an asset held for more than a year, subjected to preferential tax rates.
Tax Bracket
A range of income subject to a particular tax rate under a progressive tax system, where higher income levels are taxed at higher rates.
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