A rose by any other name may smell as sweet, but a capital gain made in your own name can quickly tu...
A rose by any other name may smell as sweet, but a capital gain made in your own name can quickly turn sour, from being a whopper to just a minuscule windfall, if you have not planned your tax affairs properly before making the gain. Intelligent investors do well to keep one eye on the tax consequences of their investment decisions, especially when approaching the end of the tax year. Investment decisions that you make now to produce gains or losses will leave you with little time to rectify the results and minimise your tax bill for the 2000/01 fiscal year. Harry Morgan, head of Edinburg...
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