tax selling
noun Date: 1963 concerted selling of securities late in the year to establish gains and losses for income-tax purposes

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • Tax Selling — A type of sale whereby an investor sells an asset with a capital loss in order to lower or eliminate the capital gain realized by other investments. Tax selling allows the investor to avoid paying capital gains tax on recently sold or appreciated …   Investment dictionary

  • tax selling — Selling of securities to realize losses that will offset capital gains and reduce tax liability. Bloomberg Financial Dictionary See: wash sale. Bloomberg Financial Dictionary …   Financial and business terms

  • tax selling — noun : concerted selling of securities late in the year to establish gains and losses for income tax purposes …   Useful english dictionary

  • tax — 1 vt [Medieval Latin taxare to assess for taxation, tax, from Latin, to assess, value, fix] 1: to assess or determine judicially the amount of (costs of an action in court) 2: to levy a tax on tax the corporation tax capital gains tax·er n tax 2 …   Law dictionary

  • Tax Gain/Loss Harvesting — Selling securities at a loss to offset a capital gains tax liability. Tax gain/loss harvesting is typically used to limit the recognition of short term capital gains, which are normally taxed at higher federal income tax rates than long term… …   Investment dictionary

  • tax-sheltered — tax shelter ˈtax ˌshelter noun [countable] TAX ACCOUNTING a plan or arrangement that allows you to legally avoid paying tax: • Many investors used annuities as a tax shelter rather than as a retirement savings program. tax sheltered adjective …   Financial and business terms

  • tax basis — See: basis Category: Personal Finance & Retirement → Taxes Category: Real Estate & Rental Property → Selling a House Category: Wills, Trusts & Estates → Estates, Executors & Probate Court Nolo’s Plain English Law Dictionary. Gerald N. Hill,… …   Law dictionary

  • tax-free reorganization — USA Certain types of corporate acquisitions, divisions, and other restructurings which are generally not taxable at the corporate or shareholder level. The transaction must meet strict statutory and nonstatutory requirements (See IRC § 368 and… …   Law dictionary

  • Tax — Taxation An aspect of fiscal policy …   Wikipedia

  • tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …   Financial and business terms

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