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To: rolatzi who wrote (19255)	5/23/2002 6:52:19 PM
From: Moominoid	Read Replies (2) \| Respond to of 74559

Don't forget about all the taxable stock trading profits, you will have. I need to make sure I use up all my capital losses in Australia before the end of our tax year on 30 June. Then I am going to switch to the US tax system. I don't imagine I will be doing much stock trading profitable or not in my first semester in my new job :) BTW - that is an interesting question how does the US CGT interact with the income tax. Here the two taxes are one and at the same rate except you only need include half of long-term gains (12 months +) in your tax return and capital losses can only be offset against capital gains. But the US rates for CGT are all different to the income tax rates. Is the amount of capital gains added on to compute the marginal income tax rate or not? The two aren't actually taxed as one lump as here. David