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http://boards.fool.com/if-the-company-pays-dividends-you-will-owe-taxes-11973009.aspx
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| Subject: Re: Capital gains tax question | Date: 2/11/2000 9:34 PM | |
| Author: jp4me | Number: 28374 of 118719 | |
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If the company pays dividends, you will owe taxes on those at ordinary income rates. But you will owe no taxes on capital appreciation until you sell the shares. --Bob Thanks Bob, I was almost sure of this, but brother-inlaw bet I was wrong. If you reinvest the dividends then there is no tax either( right )?? |
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