Establishment of 1231 assets

Reference no: EM1358783

Why did Congress establish favorable treatment for 1231 assets?

I. to encourage the mobility of capital
II. to allow a larger deduction for losses
III. to help business owners replace assets which had declined in value

A. I only
B. II only
C. III only
D. I and II only
E. I, II, and III

Reference no: EM1358783

Questions Cloud

Compute amount of new investment : Associated Breweries is considering to market unleaded beer. The finance the venture, it proposes to make a right issue with a subscription price of 10 One new share can be buy for each two shares held.

Diversity initiatives to manage multi-generational workforce : what diversity initiatives can organizational leaders implement to manage effectively their multi-generational workforce?

What is the maximum tension : What is the maximum tension. The gastrocnemius muscle, in the back of the leg, has two portions, known as the medial and lateral heads. Assume that they attach to Achilles tendon. The cross-sectional area of each of these two muscles is typically f..

Traditional marriage and its cultural values in ewe land : Write a paper on Traditional Marriage and its cultural values in Ewe land.

Establishment of 1231 assets : Why did Congress establish favorable treatment for 1231 assets?

Development of alzheimer disease : One of the findings from Snyder's nun study (Kemper & Greiner, 2001) indicates NEGATIVE correlations between early grammatical complexity and ideations when young and the development of Alzheimer's Disease in later life.

Property classification : Which of the following assets would be considered 1231 property?

Automate the task of invigilator allocation : you are required to carry out the following to automate the task of invigilator allocation which may not be limited to one's own department.

Discuss - risk taking : When making a decision, how do you see yourself as a risk taker and are you risk-averse or do you tolerate risk. To what do you attribute your views on risk taking?

User Account

All Pages