Internal Revenue Service Restructuring and Reform Act of 1998

Definition

The legislation targeted at IRS reform, particularly related to the time period required for capital gains and taxpayer protection and rights.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Municipal notes
Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues.

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