TY - JOUR AU - Carman, Hoy F. TI - Tax loss cattle investments JF - California Agriculture JO - Calif Agr Y1 - 1971/12/01 VL - 25 IS - 12 SP - 6 EP - 7 PB - University of California Agriculture and Nature Resources SN - 0008-0845 UR - http://www.ucanr.edu/sites/calagjournal/archive/?article=ca.v025n12p6 AB - The income tax advantages of cattle investments, and their use by nonfarm investors as a tax shelter, are examined in this study. A budgeted example is included showing that investors continue to realize positive returns, even after passage of the Tax Reform Act of 1969. Tax advantages in cattle investments are the greatest for taxpayers in the highest marginal income tax brackets.