Replies to post #215119 on Biotech Values

[linhdtu]

it would put the kibosh on my ST trading shenanigans. i'd would sell the new shares first for a quick( and smaller) gain and keep the older ones with much bigger gains to get LT rate. that is for companies that i intend to keep long term

[jbog]

The provision would affect “passive” index funds and exchange-traded funds, as well as actively managed ones.

I would think this would not the snot out of ETF's and put people back in mutuals.

[DewDiligence]

Quiz answer re Senate bill mandating FIFO treatment of tax lots:

An investor could put each tax lot in a separate brokerage account and retain flexibility on which lot to sell in a given transaction. Awkward, yes, but I think it would work.

p.s. Let's keep this discussion right here so as not to give legislators any ideas, LOL.

[DewDiligence]

US Senate bill would tax dividends from “tax-inverted” companies as ordinary income (i.e. a much higher rate for many investors):

https://www.barrons.com/articles/tax-bill-target-dividends-of-companies-that-have-done-inversions-1511577559

This provision is not in the tax-reform bill passed by the House.