Re: What's the proper accounting way to handle a stock split?

[Richard Wackerbarth]

On Mon, 24 Apr 2000, Bill Gribble wrote:

> But, as some folks have pointed out, you may not want to make that
> decision until tax time.  It's possible that you may want to minimize
> OR maximize your "paper" profit/loss to improve your tax situation,
> and the engine shouldn't force you to make a decision at transaction
> time that you can't later change easily.

Careful. You may have to make the declaration at the time do the transaction.
Some of the IRS rules are of the form, "unless you declare otherwise, it is 
assumed that ..."

Before you make any transaction which has tax consequences, it is best to
get qualified advice.

--
Gnucash Developer's List 
To unsubscribe send empty email to: [EMAIL PROTECTED]