Iowa Dept. of Rev. Ltr. Rul. 10201017 (Mar. 26, 2010)

(IDOR admits error in denying capital gains deduction claimed on taxpayer's 2006 Iowa return; business assets that are held by the business for more than one year are eligible for the capital gain deduction if the business was held for at least 10 years and the taxpayer satisfied the material participation requirement for those 10 years).