SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 220.58+5.0%Dec 12 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (13557)9/19/1997 10:33:00 AM
From: Christopher White   of 61433
 
Glenn,

FYI under the new tax law, shorting aginst the box can no longer be used as a method of deferring the taxable event of a short term gain. The IRS classifies a short against the box as a constructive sale and gives it the same tax treatment as if you had sold the corresponding long position.

Christopher
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext