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Senator pushes 0% capital gains for start-ups

July 29, 2010 --

Senator Baucus (D-Mont.) Speaks in Favor of 0% Capital Gains Tax Rate for Startups
By Joseph Wallin,
Davis, Wright, Tremaine LLP
NW law firm

[T]he United States Senate will resume consideration of the Small Business Jobs and Credit Act of 2010. The bill will exempt from capital gains tax gains on qualified small business stock acquired after March 15, 2010, and before January 1, 2012, and held for more than 5 years. The House has already passed this tax incentive.



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2010-07-29 14:25

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