Taxation of Financial Instruments and Transactions

Catalog description

The course covers the economics of various financial instruments including but not limited to: equities, mutual funds, bonds, contingent debt, currencies, future contracts, forward contracts, notional principal contracts, options, crypto-currencies, and short sales. The course covers the tax treatment given to all of the above securities focusing on the tax treatment afforded to investors as opposed to dealers in securities. The course also covers wash sales, constructive sales, constructive ownership, straddles, and other financial transactions.