Search results
Results From The WOW.Com Content Network
Comparing an investment vs. speculative mindset The line between investing and speculating can be fine. In fact, many speculators jump into investments and run up their prices.
Tax schemes, in general, seek to tax speculation – seen as akin to gambling – while trying not to interfere with hedging (a form of insurance). The differences summarize that: [ citation needed ] hedging protects an existing investment against unforeseen price changes, while speculation takes on the additional risk the investor could have ...
The reality, though, is that there is a difference between investing and gambling -- and speculation is something else altogether. Often, when reading about investing, especially as it relates to ...
The service argued that Section 165(d) precluded the taxpayer from engaging in gambling as a "trade or business." [4] The Tax Court held that the taxpayer's gambling was a business activity and allowed the deductions. In essence, the court held that Section 165(d) only applies when a taxpayer is at a loss instead of a net gain and “serves to ...
The guidelines under IRS Form 730, Tax on Wagering, is used to compute excise taxes for legal and illegal wagers of certain types. While state-authorized wagers are taxed at 0.25%, illegal gambling is subject to a higher tax of 2% to dissuade unregulated wagering. [5]
Don't assume that investing is as risky as buying a lottery ticket or playing at a casino. If you bet on the future of the American economy, that's not so risky. Investing Isn't Gambling
The Tobin tax is a tax intended to reduce short-term currency speculation, ostensibly to stabilize foreign exchange. In May 2008, German leaders planned to propose a worldwide ban on oil trading by speculators, blaming the 2008 oil price rises on manipulation by hedge funds .
For premium support please call: 800-290-4726 more ways to reach us