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Capital Gains Department of Revenue Income Taxes

Blank Rome LLP

Longtime Iowa Taxpayers Lose Out on Capital Gains Deduction

Blank Rome LLP on

The tax consequences of the sale of a business are complex, and strategizing to avoid one tax type may lead to unanticipated tax in another form. A recent decision of the Court of Appeals of Iowa illustrates this point. Clark...more

Fox Rothschild LLP

Washington Supreme Court Upholds New Capital Gains Tax

Fox Rothschild LLP on

The Washington Supreme Court recently issued an important decision upholding the state’s new capital gains tax. Two dissenting justices agreed with the trial court’s conclusion that the tax is unconstitutional based on 90...more

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