qualified small business stock
- Stock from a specific type of small corporation that comes with a tax benefit, that allows half of the gains to be tax-free if the stock is held for at least five years
- With a growing portfolio, the investor focused more on qualified small business stock to take advantage of tax benefits.
- The tax consultant advised his client to consider putting some money in qualified small business stock.
- Holding onto qualified small business stock for five years can result in significant tax savings.
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