Entrepreneurs' Counsel: Tax incentives for 2010 year-end investments in small businesses
Posted Oct 12 2010 3:51pm
One of the incentives created by the recently signed the Small Business Jobs Act of 2010 effectively eliminates capital gains tax on certain investments in qualified small business stock that are made before the end of 2010. This incentive may help a number of companies to close investment deals before year end. As may be expected though, there are both significant requirements to qualify for the tax incentives as well as limitations on the capital gains exclusions.