Under the proposed regulations, A would have a realized loss
equal to the disappearing basis in the shares redeemed, but would not be able to recognize it until the earlier of the "final inclusion date" or the "accelerated loss inclusion date.
Last year, the stock market decline resulted in a realized loss
of $280,000, compared to this year's realized gain of $350,000.
This recapture rule would not apply if the sum of all recapture amounts was less than 10% of the realized loss
Thus, a realized loss
should be recognized when the position into which the loss is capitalized is disposed of, regardless of whether there is unrecognized gain in the "larger" position.
For a condemnation, the taxpayer does not recognize a realized loss
, because the condemnation of a personal-use asset is not deductible.
For example, a consolidated group that realized a $200 loss on the sale of a subsidiary member that left the group with a $90 net operating loss carryover may have $90 of its realized loss
At that time, Gibson announced that it had incurred a realized loss
of $3 million and had capped its exposure at an additional $24.
NASDAQ: GIBG) announced today that as a result of unauthorized transactions in connection with the Company's program of interest rate swaps which had been entered into for the purpose of hedging its debt in a falling interest rate environment, the Company has incurred a realized loss
of $3 million.
June 11 /PRNewswire/ -- The First Connecticut Capital Corporation, formerly First Connecticut Small Business Investment Company, today reported a net realized loss
of $4,390,431 or $3.
Generally accepted accounting procedures require that an unrealized loss in a long-term investment be reported in the income statement as a realized loss
when the reduction in the market value is considered "other than temporary.
23 ~PRNewswire~ -- The First Connecticut Small Business Investment Company today reported a net realized loss
and decrease in unrealized depreciation on investments of $1,248,405 or $1.
The company noted it had a net realized loss
on investments resulting from the sale of foreclosed real estate properties and write- off of existing loans of $9,984,819 for the fiscal year.