Long Term and Short Term Capital Gains For Businesses



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?



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