Short term capital gain
Kindly give some caselaw where profit on sale of share has been assessed as short term capital gain?
Asked on 2/21/09, 2:58 am
1 Answer from Attorneys
Re: Short term capital gain
Short term capital gains are from the sale of capital assets that are held for less than one year. It is in accordance with to the Internal Revenue Code.
Answered on 2/21/09, 12:39 pm