Taxation of futures trading gains and losses
A) is based on cumulative year-end profits or losses.
B) occurs based on the date contracts are sold or closed.
C) can be timed to offset stock-portfolio gains and losses.
D) is based on the contract holding period.
Correct Answer:
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A)posts gains
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A) only contracts with a
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Q59: Futures contracts are regulated by
A)the Commodities Futures
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