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Re: was CUIN2 post# 20236

Tuesday, 02/03/2015 5:54:55 PM

Tuesday, February 03, 2015 5:54:55 PM

Post# of 140478
CUIN - QUESTION? Titan is currently considered a "passive foreign investment company" because it has no sales or income. Wouldn't this designation change once they start selling SPORT and generate income? Would it then be considered a LT capital gain for any shares sold that were held longer then one year?