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IRS Restructuring and Reform Act of 1998
(redirected from IRS Restructuring and Reform Act)

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IRS Restructuring and Reform Act of 1998
Legislation in the United States that made a number of changes to the Internal Revenue Code. Among other provisions, it lowered the length of time to hold an investment for capital gains treatment from 18 to 12 months. It also mandated a five-year term for the Commissioner of the IRS.


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