Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (139846)	9/9/2010 8:41:52 AM
From: Ed Ajootian	Respond to of 206326

OT -- amarksp, thanks, under what code section are you concluding that the FX gain or loss related to the sale of an equity security is treated as ordinary income? Sec. 988 (which is the only section that I am aware of that could serve to cause this result) clearly does not apply to this sort of transaction, see Sec. 988(c)(1). If I ever buy a Canadian stock that pays a dividend I will take your point about dividends into account, thanks. Thankfully your point about balance sheets is irrelevant to me. <g>