What NONTAXABLE EXCHANGE means: An exchange on which no gain or loss is recognized in the current year. The realized gain generally is recognized when the property acquired in the exchange is sold.
- Definition Nontaxable Distributions:
- Dictionary applied to stock dividend distributions that are not taxable. These distributions generally take the form of return of capital, stock dividends, stock splits, and/or tax-free distributions nontaxable exchange definition.
- Definition Nonrecourse Debt:
- Dictionary Nonrecourse debt is debt for which the borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other property of the borrower nontaxable exchange explain.
- Definition Nonrefundable Credit:
- Dictionary A credit that cannot exceed the taxpayer's tax liability nontaxable exchange what is.
- Definition Net Operating Loss (NOL):
- Dictionary loss for the year attributable to business or casualty losses. Depending on the nature of the loss, it may be carried back for two, three, or five years before the year of the loss. The loss is nontaxable exchange meaning.
How works Nontaxable Exchange meaning in Tax definitions N .
