long term capital gain

The profit realized from selling or exchanging a capital asset held for more than a specified period, usu. one year. [Cases: Internal Revenue 3260. C.J.S. Internal Revenue § 127.]

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词条贡献者

资深译员重在，毕业于世界顶级翻译学院，擅长翻译各类与监管和调查相关的法律文件。