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Sell Now – Capital Gains Tax Goes Up in 2013

From the Tax Prof Blog citing the WSJ. George Lucas isn't alone. Business owners race to their sell businesses in 2012 to avoid higher capital gains tax in 2013. Wall Street Journal:  Looming Tax Hike Motivates Owners to Sell, by John D. McKinnon: A looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses. Many business owners—mostly founders who could gain a lot from a sale—are looking to close…

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