Hedging or Speculation: Watch Who Does the Hedging

Date
2004-01-16
Authors
Harl, Neil
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Research Projects
Organizational Units
Journal Issue
Series
Abstract

It is a fundamental principle of tax law that hedging a commodity produces ordinary gains and ordinary losses, with the futures’ gains or losses treated just like gains and losses from the commodity involved.1 Likewise, gains from speculative transactions are treated as capital gains; losses are reported as capital losses.2

Description
Keywords
Citation
DOI
Source
Collections