Update on Section 1043: Deferral of Gain on Sale of Assets to Satisfy Conflict-of-Interest Rules
Posted: 18 Apr 2018
Date Written: April 12, 2018
An earlier article in the Journal of Taxation of Investments discussed the application of Section 1043, which generally permits eligible government officials to elect to defer gain on sales of appreciated assets made to comply with conflict-of-interest rules. This article updates that discussion, describing recent developments of interest.
Keywords: Section 1043, eligible person, permitted property, certificate of divestiture, conflict of interest
JEL Classification: K34
Suggested Citation: Suggested Citation