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I sold some software rights and related assets to another company a few years back. My accountant did end up reporting the income as a long-term capital gain (a
by dangrossman 11y ago
I sold some software rights and related assets to another company a few years back. My accountant did end up reporting the income as a long-term capital gain (all of the assets having been created at least a year prior) at the lower tax rate that comes with.