The Uneasy Justification for Special Treatment of Like-Kind Exchanges

American Journal of Tax Policy, Vol. 4, p. 193, 1985

25 Pages Posted: 4 Mar 2009

See all articles by Erik M. Jensen

Erik M. Jensen

Case Western Reserve University School of Law

Abstract

This article considered the traditional justifications for nonrecognition treatment for like-kind exchanges, as provided in section 1031 of the Internal Revenue Code, and found them wanting. The article nevertheless concluded that, even though the justifications are imperfect, section 1031 has some plausibility to it, at least as applied to traditional, simultaneous exchanges.

Keywords: Like-Kind Exchanges, IRC section 1031, Taxation

JEL Classification: K34

Suggested Citation

Jensen, Erik M., The Uneasy Justification for Special Treatment of Like-Kind Exchanges. American Journal of Tax Policy, Vol. 4, p. 193, 1985. Available at SSRN: https://ssrn.com/abstract=1351985

Erik M. Jensen (Contact Author)

Case Western Reserve University School of Law ( email )

11075 East Boulevard
Cleveland, OH 44106-7148
United States
216-368-3613 (Phone)
216-368-2086 (Fax)

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