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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (6155)7/23/1998 12:24:00 AM
From: Ken Brown  Respond to of 42834
 
I took some capital gains last week; is there an effective date for the new cap. gains regulations?

According to the article, it's retroactive from Jan 1! Yea! :)

Thanks, Pete, for the posting!

Ken



To: Investor2 who wrote (6155)7/23/1998 5:58:00 AM
From: Boca_PETE  Respond to of 42834
 
I2: RE:<effective date for the new cap. gains regulations?>

I believe Brinker mentioned that the new cap gains rate would be retroactive to sales starting January 2, 1998 - You could verify that by going to "Thomas" and looking up the applicable bill. Surely it will be in today's newspapers.

P