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echo: locuser
to: Paul Edwards
from: Frank Malcolm
date: 1997-04-26 10:44:00
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.
---
 þ * þ Only death is fatal - life is not!
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