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Gold/Mining/Energy : Gold Price Monitor

GDXJ 134.74

-0.9%

Jan 21 4:00 PM EST

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To: d:oug who wrote (52743)	5/15/2000 5:52:00 AM
From: William Harvey	Read Replies (2) of 116898

Question: If I were reporting quarterly, would I pay taxes April 15 on the gains I made in the fourth quarter of 1999, or the first quarter of 2000? The reason I ask is that the NASDAQ was up almost 50% in the fourth quarter and that may indirectly account for the decline in retail sales figures: Investors had to pay the highest tax bill ever on those incredible gains in the fourth quarter and while the retail sales party was strong in the fourth quarter, there was no punch bowl when it came time to pay the bill in April accounting for the lower sales figures.

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