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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Zbyte who wrote (34149)8/28/1999 10:56:00 AM
From: Zeev Hed  Read Replies (1) of 44908
 
Zbyte, I think you are referring to the "super capital gain", meaning that if you invest in the stock of a company that has less than $50 MM in assets and hold for 5 years before selling, then your capital gains have a unique treatment, they are taxed at only 50% of the then prevailing long term capital gain rate. This will definitely apply to TSIG since their net assets are actually negative .

You do not get a 50% "write off".

Zeev
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