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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (24355)2/28/2000 11:56:00 PM
From: Ian@SI  Read Replies (2) of 25960
 
Zeev,

Didn't you sell at a profit?

Don't the 'wash' rules in the US apply only to losses as is the case in Canada.

i.e. - here if you have a capital gain you pay tax. Period. Unless it's in a taxfree account. Buying the shares back in less than 30 days doesn't change the fact that a taxable capital gain has been realized.

Is this another part of capital gains where we're disadvantaged?

Ian
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