Realizations about Realization

Tax Chats

English - January 12, 2022 18:00 - 35 minutes - 24.3 MB - ★★★★★ - 37 ratings
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Scott and Jeff discuss the principle of realization. As a general rule, most income taxes are levied when it is realized, usually when a transaction takes place. For example, gains in shares held as an investment are not taxed unless those shares are sold. The principle of realization also manifests itself in a variety of interesting ways, which we discuss in this episode.