Why does the tax code allow taxpayers to defer gains on like-kind exchanges? How do the tax

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Why does the tax code allow taxpayers to defer gains on like-kind exchanges? How do the tax laws ensure that the gains (or losses) are deferred and not permanently excluded from a taxpayer's income?

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Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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Question Posted: Jan 20, 2017 10:36 AM

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Why does the tax code allow taxpayers to defer gains on like-kind exchanges? How do the tax

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In a likekind exchange a taxpayer maintains an investmen...View the full answer

Taxation Of Individuals And Business Entities 2015

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