7. LO.2 Brown purchased a stock investment on March 8, 2012. The investment has substantially appreciated in
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7. LO.2 Brown purchased a stock investment on March 8, 2012. The investment has substantially appreciated in value, and Brown plans to sell and recognize the gain. The sale date would be either March 8, 2013, or March 9, 2013. What difference does the sale date make if Brown is:
a. An individual?
b. A C corporation?
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Related Book For 
South-Western Federal Taxation 2014 Corporations Partnerships Estates And Trusts
ISBN: 9781285424484
37th Edition
Authors: William H. Hoffman Jr., William A. Raabe, James E. Smith, David M. Maloney, James C. Young
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