Approval Date (as of board presentation) MAY 20, 2003.

批准日期(截止提交执董会之日)2003年5月20日。

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For example, when former President George W. Bush lowered the maximum long-term capital gains tax rate to 15% in 2003, all gains generated prior to May 6, 2003 were subject to a 20% rate, with all gains derived after that date taxed at the lower 15% maximum.

FORBES: Business Owners Could Find Their Tax Deferral Backfiring