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The purpose of a like-kind exchange in taxes is to: Eliminate all gain from the disposition of the property Temporarily bypass normal capital gains taxes
The purpose of a like-kind exchange in taxes is to: Eliminate all gain from the disposition of the property Temporarily bypass normal capital gains taxes Hide any profit made from the IRS Penalize exchanging parties for avoiding an arms-length transaction
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
