New Legislation Eliminates Capital Gains Tax for Certain New Investments in Small Businesses Made Before January 1, 2011

Mondaq Business Briefing › United States Law Articles in English (2010)

Author: Mr Neil Hudders, Bryan S Smith and Carl T. Crow

Author position: Perkins Coie LLP

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New Legislation Eliminates Capital Gains Tax for Certain New Investments in Small Businesses Made Before January 1, 2011

On September 27, 2010, President Obama signed into law the Creating Small Business Jobs Act of 2010 (the "Act"). Among other provisions, the Act excludes from gross income for regular i...

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