rSnapshotPhotos / Shutterstock.com

When you sell an investment, you cannot claim a loss for tax purposes if you repurchase a substantially identical investment within 30 days. But investors have found a way around this law by using exchange-traded funds (ETFs) to essentially bilk the government out of billions of dollars of tax revenue, according to a recent analysis. Research from the University at Buffalo School of Management…

Read More

Tags:

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*