RE:RE:RE:RE:RE:RE:Entering at 27.70LETTUCE..... Back from the dead ? I though you were strategizing how to exit your shorts.... Just remember.... The chicken farmer won't let you know when he exists.... He is in it all for himself. Beware , he could care less about you.
Lattice wrote: TickerTwit wrote: The point I was attempting to make was that the unrealized foreign exchange loss has
potential tax value. Not only is it not simply a straight loss, but accurate deferral can optimize the value against future taxes.
The details of when and how a business is permitted to realize it (versus defer it) are beyond my current knowledge, so I would likely need a tax accountant. If I'm lucky, someone here with those skills will educate me. I have noticed that this CXR bullboard positively oozes with the spirit of sharing knowledge.
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wordless wrote:
Unrealized loss is unrealized. Don't need a tax accountant to tell you that anything unrealized is unrealized for tax purposes.
TickerTwit, I admire your survival instinct. Concordia keeps their debt offshore in the Barbadoes for a reason. Perhaps instead of calling for a tax accountant on the bullboard, you should consult with a forensic accountant instead? O'Canada!