Amounts received by a lessee for the cancellation of a lease, or by a distributor of goods for the cancellation of a distributor’s agreement (if the distributor has a substantial capital investment in the distributorship), shall be considered as amounts received in exchange for such lease or agreement.
Title 26
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26 U.S.C. § 1241.Chapter 1
§ 1241
Cancellation of lease or distributor’s agreement
Title 26
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Subchapter: Capital Gains and Losses
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