 |
||
 |
Your
Day Trading Tax and Accounting Experts! |
-
| -
-
|-
||| |
|
=|=
= |=
= |=
= |=
= |=
|
||
 |
||
 |
||
 |
Frequently
Asked Tax Questions
|
|
How
are ETFs on specific industry or market sectors taxed? |
||
| Answer: | ||
|
The general rule is that the tax treatment of the underlying sector of the ETF determines tax treatment of the ETF itself. For example, Currency ETF’s are treated as ordinary income just like its FOREX counterpart. Futures ETF’s receive the same treatment section 1256 contract tax treatment as futures on commodities and futures on FOREX. |
||
|
||
 |
||
|
|
|
= | =
= |=
= | =
= |=
|
© 2010 BOYER TAX SERVICES, P.L.L.C. |
|