Long-term capital gain definition
Long-term capital gain means the gain realized from the sale of any capital asset held more than one year that is treated as a long-term gain under the Internal Revenue Code.
Long-term capital gain. [is as defined] means the same as that term is defined in Section 1222, Internal Revenue Code.
Long-term capital gain means capital gain arising from the transfer of a long-term capital asset.
More Definitions of Long-term capital gain
Long-term capital gain means gain from the sale or exchange of a long-term capital asset.
Long-term capital gain. [is as defined] means the same as that term is defined in
Long-term capital gain means gain from the sale or
Long-term capital gain means “gain from the sale or exchange of a capital asset held for more than one year, if and to the extent such gain is taken into account in computing gross income.” IRC § 1222(3).