Legislation to Repeal Outdated Statutes. Three Republican senators introduced a plan this year to repeal the estate tax. In tax parlance, it is known as a 10exchange. A 10exchange, also called a like-kind exchange or a Starker, is a swap of one business or investment asset for another. Do it right, and there is no tax.
A new study has found that obliterating the 10Exchange is likely to. Meanwhile, a repeal would likely generate less than $500M per year . I write in opposition to repealing section 10“like-kind exchanges” as part. ASIC Corporations ( Repeal ) Instrument 2015/ 1031.
I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following . Section 10of the Internal Revenue Code.
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