House seeks to codify quiet military aid to US-friendly militias
Draft legislation in the House NDAA would codify into law special operations for irregular warfare against Russia and China.
Source: defensenews.com
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QSBS in the Energy Sector
Section 1202 allows for an exclusion of 100% of gain recognized by a shareholder from the sale of small business stock. QSBS can be applied to the Energy Sector. The disqualification of the production or extraction of certain products can be a trap for energy businesses.
Internal Revenue Code Issuer Limitation Treasury Regulations Ection 1202 Stock Sales Qualified Small Business Stock
Source: natlawreview.com
Tax: Section 1202 Sale Of Qualified Small Business Stock
Section 1202 allows for 100% capital gain exclusion for the sale of qualified small business QSB stock QSBS, if its requirements are met;issuing company must be a domestic C corporation, issuing corporation be incorporated domestically, actively engated in trade or business
Internal Revenue Code Treasury Regulations C Corporation Ection 1202 Ale Of Stock Ncorportaed Domestically
Source: natlawreview.com