AMOUNT REALIZED

AMOUNT REALIZED

amount realized. Tax. The amount received by a taxpayer for the sale or exchange of an asset, such as cash, property, services received, or debts assumed by a buyer. Cf. GAIN(3); LOSS(2). [Cases: Internal Revenue 3194; Taxation 996. C.J.S. Internal Revenue ¡ì 113; Taxation ¡ì¡ì 1732¨C1733.]
What is the legal translation of AMOUNT REALIZED in Chinese?
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