VBM
12-07-2004, 01:16 PM
Hi All,
sorry for the noob post here, but used to be that if you held a stock for a year, you were subject to lessor capital gains taxes. the "investment advisor" on the phone said that it's a flat 15% whenever, due to the President's tax relief initiatives, but said "don't quote me"...
is he correct?
tia
--oj.
sorry for the noob post here, but used to be that if you held a stock for a year, you were subject to lessor capital gains taxes. the "investment advisor" on the phone said that it's a flat 15% whenever, due to the President's tax relief initiatives, but said "don't quote me"...
is he correct?
tia
--oj.