NO.PZ2021090803000003
问题如下:
Today is 23 August 20x3, and Ka
sells 200 shares. The current share price is $124.00. The tax rate for long-term
holdings is 25%, and the tax rate for short-term holdings is 40%. A holding
period of less than six months is considered short-term for tax purposes. Ka has
chosen HIFO (highest in, first out) as his tax lot accounting method.
Determine the tax lot that would be most tax efficient to sell given Ka’s chosen tax lot accounting
method. Calculate the tax
liability/benefit from the sale.
选项:
解释:
最底下的153应该原版书写错了,应该135。
(124-135) x 200 x (1-25%)这里是指Post-tax return了对吧?
Ka has chosen HIFO (highest in, first out) as his tax lot accounting method. The acquisition price on Nov 17 20x2 is the highest purchase price. The holding period is longer than 6 months thus the sale applied long-term tax rate 25%.
The tax liability/benefit from the sale of 200 shares are: (124-135) x 200 x (1-25%) = -1650