Like-kind exchange rules allow businesses and investors to avoid capital gains taxes when selling certain assets, provided the proceeds from the sale are used to purchase a similar type of asset.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (1)

• capital gains tax concept