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art35

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art35

Re: Bx3 post# 71059

Monday, 07/05/2021 6:39:55 PM

Monday, July 05, 2021 6:39:55 PM

Post# of 118403
Bx3
When a security is sold a tax is incurred on the profits--it is either a capital gains tax or an ordinary income tax---depending on how long you owned the asset--if it is a share swap--there is no sale, therefore no tax incurred until you sell the new asset or shares.
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