Phantom Gain

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Phantom Gain

A capital gain on which one owes taxes even if one takes a capital loss in the aggregate. The most common type of phantom gain occurs when a mutual fund sells some of its securities at a gain but its own shares decline in value. Because the fund's shareholders technically owned the securities that were sold for a gain, they must pay taxes on those gains even though they have actually lost money on their investment. A phantom gain should not be confused with a paper gain. See also: Phantom Income.

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Managed Account Phantom Gains phantom income			Consequently, with their negative capital accounts increased to zero, the taxpayers recognized a phantom gain for that year. Deductibility of limited partners' legal fees by Journal of Accountancy Phantom gains tax has proved to be a major obstacle to lender takeovers of property. Limiting the Cuomo tax in workouts by Korman, William / Real Estate Weekly			Personal-Use Property Personalidade juridica personalty Perte pour l'economie Perth Mint Peruvian New Sol Peruvian Sol Peseta Pesewa Peso Peso Boliviano Peso Problem Pessoa juridica PEST Analysis Peti petitioner Petrodollars Petty Cash Petty Cash Fund PF Pfandbriefe Pfennig PG PGK PH Phantom Gain Phantom Gains phantom income Phantom Stock Award Phantom Stock Plan Phantom Withdrawal Phase descendante Phase I Environmental Site Assessment Phase II Environmental Site Assessment Phase III Environmental Site Assessment phase out Phase space Philadelphia Board of Trade Philadelphia Federal Index Philadelphia Semiconductor Index Philadelphia Stock Exchange Philanthropist Philanthropy Philippine Peso Philippine Stock Exchange Phillips Curve Phishing PHLX Phone Switching PHP Physical Asset			Phantasy Star Online World Phantasy Star Universe phantasy world phantogeusia phantom phantom phantom phantom phantom Phantom (disambiguation) Phantom (disambiguation) Phantom (disambiguation) Phantom (disambiguation) phantom artifact phantom artifact phantom artifact Phantom Assassin phantom bottom Phantom Brave phantom call Phantom Calyx Sign Phantom cargo Phantom cargo Phantom circuit Phantom circuit phantom circuits phantom circuits phantom corpuscle Phantom crystal phantom foot anterior cruciate ligament injury Phantom Gain Phantom gains phantom group phantom horizon Phantom Hourglass phantom image phantom image phantom image phantom image Phantom income Phantom Incomes Phantom Lancer Phantom Lapboard Phantom Lapboard phantom limb phantom limb phantom limb phantom limb pain phantom limb pain phantom limb pain phantom limb pain phantom limb pain phantom limb syndrome phantom limb syndrome phantom limbs phantom limbs phantom line phantom lines Phantom Maintenance Connector phantom mare phantom mare

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