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The time now is 10/06/08 - 16:31

Capital Gain and Trading losses info


RealCool.BIZ Forum Index -> Tax -> Capital Gains Tax

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ted
Apprentice


Joined: 05 Mar 2005
Posts: 5



PostPosted: 02/26/08 - 10:15    Post subject: Reply with quote

Capital losses and gains in trading? Some rules? You never know where the tax would catch you it seems. I understand when the tax is law but there are some more complicate catches. I would know all this if they would be so nice to let me do it for some time as in the game so everything I do can be errased.
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garrek
Apprentice


Joined: 21 Jun 2006
Posts: 1



PostPosted: 03/27/08 - 01:01    Post subject: Reply with quote

The capital gain is when you subtrac the amount you sold from the base of your asset. Capital loss is derived from it. The tax would catch you where you sell things you got. You do not pay the tax before the security is sold and profit got. That is the way you can gain.
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