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re: CPA: winery question

Posted on 3/21/13 at 5:51 pm to
Posted by tigeralum06
Member since Oct 2007
2789 posts
Posted on 3/21/13 at 5:51 pm to
And capital gains is a tax treatment so gaap accounting is irrelevant in this scenario
Posted by Iona Fan Man
Member since Jan 2006
27462 posts
Posted on 3/21/13 at 6:17 pm to
quote:

And capital gains is a tax treatment so gaap accounting is irrelevant in this scenario


pardon, I just said GAAP with the assumption that it covered all aspects of legal taxation. Chalk it up to my naivety.

The secondary holding company wouldn't be legit then?
This post was edited on 3/21/13 at 6:18 pm
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