The Netherlands treaty exempts sale of shares of an Indian company by a Dutch-based company if it holds less than 10 per cent shares in the Indian company from short-term capital gains
Its net short-term capital gains
are generally taxable and reported as ordinary income on Form 1099-DIV, when distributed, the fund added.
Because a taxpayer cannot use his underlying long position as replacement shares, and a constructive sale restarts the taxpayer's holding period in the long position, short sales against the box expose the taxpayer to market risk and may subject him to short-term capital gains
Short-term capital losses (including short-term capital loss carryovers) would offset short-term capital gains
01 per share, short-term capital gains
of $343,266, equal to $0.
Distributions to RIC shareholders out of short-term capital gains
are treated as dividend income by the shareholders and not as short-term capital gains
Additionally, in December 2007, the Fund paid year-end distributions of short-term capital gains
of $5,644,106, equal to $0.
3370 per share and short-term capital gains
are the source of approximately 49% of your regular monthly aggregate distributions.
2239 per share and short-term capital gains
is the source of approximately 51% of your regular monthly aggregate distributions.
A return of capital would indicate that the Fund has distributed more than its income and short-term capital gains
and occurs when some or all of the shareholder's Fund investment is paid back to them.
BOSTON -- The AEW Real Estate Income Fund (the "Fund"), which is listed on the American Stock Exchange under the symbol "RIF," today announced an estimated distribution of short-term capital gains
For Federal income tax purposes, approximately 84% of the 2006 distributions will be taxable at long-term capital gains rates (including qualified dividend income), 7% will be reported as net short-term capital gains
and 9% will be reported as ordinary income.