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Rob Landry
011010001@interpring.com
Mon Nov 13 06:52:56 EST 2017
On Thu, 9 Nov 2017, A Joseph Ross wrote:
> There's a tax penalty for selling a station?
Selling anything for more than you bought it generally triggrs a capital
gains tax.
Th Entercom/CBS deal is complicated enough that only a legion of CPA's can
answer your question properly. But the fact that they are swapping rather
than selling suggests they are looking to minimize their tax liability.
Rob
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