1. LawStack
  2. Title 26 - INTERNAL REVENUE CODE
  3. Subtitle A - Income Taxes
  4. Chapter 1 - NORMAL TAXES AND SURTAXES
  5. Subchapter P - Capital Gains and Losses
  6. Part IV - SPECIAL RULES FOR DETERMINING CAPITAL GAINS AND LOSSES
  7. 26 USC § 1241
26 USC § 1241
Cancellation of lease or distributor's agreement
through Public Law 119-27, except Public Law 119-21
USC

Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor's agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.
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§ 1240 Repealed. Pub. L. 94–455, title XIX, §1901(a)(139), Oct. 4, 1976, 90 Stat. 1787]
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§ 1242 Losses on small business investment company stock

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