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Sale of Capital Assets Income from the sale of capital assets is treated differently for tax purposes than income from the sale of grain or market livestock. Primary capital assets on the farm are land, machinery and equ
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Document Date: 2007-03-21 11:11:45
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IndustryTerm
machinery /
/
SocialTag
Generally Accepted Accounting Principles
Economics
Capital
Financial economics
Depreciation
Asset
Expense
Capital asset
Capital gains tax
Taxation