News Focus
News Focus
icon url

SevenTenEleven

02/24/12 9:51 AM

#195442 RE: tgarfield #195440

If your shares are lent out it and you receive a dividend it is nto a dividend for tax purposes. It can't be. If so the tax man would have more dividend claims than actually existed. You receive interest income. - tgarfield

Sorry!

Will be taxed as dividend. Not interest income.

In fact, shareholders whose shares are borrowed should be earning interest on their shares being borrowed.

That would be a game changer for Shorty for sure!

Good Luck!