nonrecognition provision

nonrecognition provision. Tax. A statutory rule that allows all or part of a realized gain or loss not to be recognized for tax purposes. • Generally, this type of provision only postpones the recognition of the gain or loss. See RECOGNITION(4).

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词条贡献者

译员Daniel，毕业于法国顶尖的高级翻译学院，专注翻译各种与数据隐私、安全及网络犯罪有关的法律文件。