Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

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To: Kayaker who wrote (1605)	10/6/2001 11:58:31 AM
From: Ibexx	Read Replies (1) of 1805

I have been told by Canadian friends and associates that, on a comparative basis, short-term capital gains are taxed less, thus encouraging trading by investors without formal traders' status. In the US, there are stringent criteria to qualify as "traders" in order to benefit from the special tax treatment granted by IRS. Ibexx

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