Who/what are considered exempt from the payment of Final Capital Gains Tax?

• Dealer in securities, regularly engaged in the buying and selling of securities
• An entity exempt from the payment of income tax under existing investment incentives and other special laws
• An individual or non-individual exchanging real property solely for shares of stocks resulting in corporate control
• A government entity or government-owned or controlled corporation selling real property
• If the disposition of the real property is gratuitous in nature
• Where the disposition is pursuant to the CARP law