qualified replacement property

qualified replacement property definition - business

qualified replacement property

Securities of a domestic corporation that serve as a replacement and allow for deferral of taxes on the gains of stock sold to an employee stock ownership plan.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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