Short sale stock tax implications
Posted: kobb Date: 14.06.2017
Short selling refers broadly to any transaction used by an investor to profit from the decline in price of a borrowed asset or financial instrument. This holds true whether you sell actual shares of the foreign stock or if you sell American depository receipts. Reportedly in some instances, brokers charged short sellers excessively large amounts of interest based on these high values as the shorts were forced to continue their borrowings at least until the halts were lifted...