If the sale or exchange of a patent qualiﬁes for capital gain treatment, the holding period of the inventor determines whether the gain is long-term or short-term.

Name: If the sale or exchange of a patent qualiﬁes for capital gain treatment, the holding period of the inventor determines whether the gain is long-term or short-term.
Brand: Quizplus
Rating: 4.7 (61 reviews)

Question

Quizplus · Accepted Answer

If a patent qualiﬁes for capital gain treatment, the capital gain will be long-term regardless of how long the patent was held by the transferor.

If the Sale or Exchange of a Patent Qualiﬁes for Capital