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Fla. Hotel Manager's $10M Deposit Not Capital Gains

By Vidya Kauri · September 7, 2016, 6:32 PM EDT

The U.S. Tax Court ruled Wednesday that a Florida-based hotel management company and its tax matters partner cannot categorize a $9.7 million deposit stemming from a failed hotel sale as capital...

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Fla. Hotel Manager's $10M Deposit Not Capital Gains

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