Chapter 5
Property Transactions: Capital Gains and Losses
| Determination of Gain or Loss |
| Basis Considerations |
| Definition of a Capital Asset |
| Tax Treatment for Capital Gains and Losses of Noncorporate Taxpayers |
| Tax Treatment of Capital Gains And Losses: Corporate Taxpayers |
| Sale or Exchange |
| Holding Period |
| Justification for Preferential Treatment of Net Capital Gains |