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In May 2006, the government eliminated the capital gains tax on publicly-traded stocks and bonds donated to charity. The capital gains tax from the sale can be deferred until the replacement property is later disposed of. amp;nbsp; I am not very knowledgeable on taxes, but I believe the difference between ordinary income tax rate and capital gains tax rate for our corporation may be a 35% to 45% difference which will eat up a large part of the profit from the investment. |
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