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Is the sale of a company's "books and record" or "customer list" now considered ordinary income instead of capital gain with the passage of the TCJA?

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Level 8

Only some intangibles were changed - namely patents, trade marks, recipes, models or designs.


self created goodwill is still capital.

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Level 8

Only some intangibles were changed - namely patents, trade marks, recipes, models or designs.


self created goodwill is still capital.

View solution in original post

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