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| subject: | get rich quick |
Hi, Paul.
PE> FM> Sold 2200 PDP {at} $3.50.
PE> FINALLY!
Yes, it's been a while. :-)
PE> FM> Oh, and thanks again for the loan of the NTS. Unfortunately you will
PE> FM> have to get contract notes. They will show a LOAN and RETURN LOAN of
PE> FM> 70,000 NTS at 11.5 cents.
PE> Which sounds like I can ignore them for tax purposes. BFN. Paul.
I believe so, as the contract notes should say that it's a loan/return.
A normal sale and purchase, even at the same price, could be seen as
realising a capital gain/loss at that price, with the calculation of any
future gain/loss starting from that price.
Regards, fIM.
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þ * þ Only death is fatal - life is not!
@EOT:
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* Origin: Pedants Inc. (3:712/610.24)SEEN-BY: 711/934 712/610 @PATH: 712/610 711/934 |
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