Quimbee logo
DMCA.com Protection Status

Long-term Capital Gain

Definition

Capital assets held longer than the required statutory period, which are given more favorable tax treatment than capital assets sold before the statutory period.

Related Rules


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

Byram v. United States