Why does the tax law allow a taxpayer to defer gains accrued on a capital asset until

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Why does the tax law allow a taxpayer to defer gains accrued on a capital asset until the taxpayer actually sells the asset?

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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 10:41 AM

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Why does the tax law allow a taxpayer to defer gains accrued on a capital asset until

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Taxpayers are allowed to defer accrued gains on capital assets u...View the full answer

Taxation Of Individuals And Business Entities 2015

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