Long Term and Short Term Capital Gains For Businesses


B

blaha

Since you all were so helpful in my real life problem, let me ask you
an issue that came up in my tax class.
Schedule D for individual returns separates long term and short term
capital gains and losses, since the long term gains get special rates.

Schedule D for corporate returns does the same thing, but why? There
are no special rates for long term gains for a corporation. And, any
carry forward is automatically assigned short term status. Why? Does
someone know the reason for this? I wouldn't think the IRS cares for
a consistant look. Are they collecting some statistics, or is there
some tax benefit that hasn't been explianed in an introductory course?

Thanks.
 
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