Taxable event

Taxable event

An event or transaction that has a tax consequence, such as the sale of stock holding that is subject to capital gains taxes.

Taxable Event

A transaction or other action that results in one receiving income that may be taxed. Common taxable events are the reception of a paycheck or the sale of stock for a profit. Often, investors wait to sell securities until a certain time (such as a new calendar year) in order to minimize the taxable events that occur in a given period of time.
References in periodicals archive ?
If you happen to be wondering whether selling Bitcoin to buy Ethereum is a taxable event, the answer is yes.
The issue of the rights is not a taxable event and will not affect the company's reported financial conditions or results of operations.
32) Any qualified payment made within four years of such payment's due date is deemed to have been paid on the due date; provided, however, this four-year grace period does not extend beyond a taxable event (defined below) (i.
If this form is not complete or is inaccurate, the IRS can make the entire IRA a taxable event to your client.
The return earned by CEOs of inverted companies is different than the return of average shareholders because the CEOs have options rather than stock and the difference between the option strike price and market price is not a capital-gain taxable event.
1031(a)(1), no gain or loss is recognized in this type of exchange and, therefore, it is not a taxable event.
Another unique feature of the fund, Merk says, is that "taking delivery is not a taxable event as investors merely take delivery of the gold they already own.
For a C-corporation, the distribution of the policy is also a taxable event for the departing shareholder.
However, selling an investment to buy another could cause a taxable event.
She was notified that termination of policy coverage would result in a taxable event, and any gains in the policy would be reported to her and the IRS.
The LTC charges are still deducted internally from the policy, reducing income-tax basis, but there is no longer a possible yearly taxable event to the client.
That meant it was our determination that this was a taxable event.