MARK McLAUGHLIN CTA (Fellow), ATT, TEP examines important recent changes affecting capital gains tax holdover relief.
PARTS OF THE tax legislation remind me of my first car. The vehicle was fairly old, but it ran reasonably well on the whole. However, not having much money to spend in those days on car repairs and such like, it was often a case of 'patch up and make do'. Unfortunately, this strategy did not always work, and the repair bill often seemed out of proportion to the original breakdown.
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