#2
|
|||
|
|||
Re: Another WPTE post
There actually used to be an advantage tax-wise in shorting a stock that goes to zero.
Since you never have to cover, you never used to have the taxable event. Now when a shorted stock goes to zero, it is considered to be a taxable event even in the absence of a buy-to-cover action. Too bad. Can WPTE go to zero? Yes, in the trading game anything can happen at any time. |
|
|