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To: Lancer who wrote (118390)4/18/1999 3:49:00 PM
From: OLDTRADER  Read Replies (1) | Respond to of 176387
 
RE:Lancer/Luciano-Thanks-I will be taking possession of my 550 Marenello soon-(helping the Italian GNP)also will be visiting Nice and Portofino and Lake Como in May for a vacation-(during earnings)so I'm not worried about DELL's next report.MD will put big time egg on the faces of more than a few "shoot-from-the hip" tech journalist.Very Best to you.wbm



To: Lancer who wrote (118390)4/18/1999 4:01:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Lancer, you asked: In the United States, You pay taxes on the gains earned on the stock market once in a year?

You pay taxes on the capital gains of stocks only in the year you sell. It is not an annual occurrence.

TTFN,
CTC



To: Lancer who wrote (118390)4/18/1999 6:31:00 PM
From: freeus  Read Replies (1) | Respond to of 176387
 
recapital gains
If you dont sell a stock you dont have to pay a capital gains tax. But if you are in a mutual fund and they sell a stock you have to pay a tax on the gains even if you dont take the money out of the fund.
Freeus