CONSTRUCTIVE SALE RULE - SECTION 1259
Section of the Internal Revenue Service Code expanding the types of transactions subject to capital gains tax. Section 1259 states transactions effectively taking an offsetting position to an owned position are considered constructive sales. It aims to prevent investors from taking investment gains without paying capital gains, as well as to limit their capability to transfer gains from one tax period to another. Also called Constructive Sales Treatment for Appreciated Financial Positions.
POPULAR TERMS
Dual Exchange Rate
Situation in which a currency has a fixed official exchange rate and an illegal preset parallel exchange rate. Such rates are used in various situa ...
Individual Retirement Annuity
Retirement investment vehicle similar to an individual retirement account, except that an annuity contract must be purchased, which is subject to n ...
Bear Squeeze
An alteration in market conditions that pressures negative thinker investors trying to earn from diminishing amounts to buy back an investment at a ...
Recurring Revenue
It is the portion of the revenue of a company that is possible to continue in the future. This is revenue that is stable, foreseeable and may be co ...
Centralized Market
Financial market structure comprised of having all orders transferred to one central exchange without other competing market. Prices quoted on vari ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
