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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: GREENLAW4-7 who wrote (13634)3/21/2009 5:19:08 PM
From: moufassa7  Read Replies (1) | Respond to of 13660
 
Holders of FAZ would get cash for any short term gains declared and would be taxed as such. For example, if they declared a $5 short term capital gain, the share price would be reduced by $5 and the cash posted to your account. It would be reported on an IRS 1099 form I believe. They do not disclose details before hand, but they will do it before quarters end.