Zeus Energy - ZUS on VSE going up Message Board

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Gold/Mining/Energy : Zeus Energy - ZUS on VSE going up

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To: pete meyer who wrote (195)	8/10/1997 12:17:00 PM
From: jack daniels	of 233

Pete I believe the rate is the same regardless of whether its short term or long term. A capital gain is a capital gain. You pay the taxes on it in the year you realize the gain. You pay on 75% of the gain at whatever your tax rate happens to be in that particular year. You can apply any losses against those gains. You can also carry your loses back 3 years or forward indefinitely.

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