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Tax Reform Act of 1984
Legislation enacted as part of the Deficit Reduction Act of 1984 to reduce the federal budget deficit. Among its provisions are a decrease in the minimum holding period for assets to qualify for long-term capital gains treatment from one year to six months.
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- Part of Speech: noun
- Synonym(s):
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- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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