On 9/29/2024 10:20 PM, Michael Matz wrote:
Geoff,
Thanks for detailed example. It looks similar to a suggestion made in 2012
that I had dismissed because it closes out the original lot, which I am
hoping to avoid.
Why does that not create a capital gains transaction?
That is NOT a gnucash question. That is a tax question for which you
need an answer from somebody legally qualified to give advice for your
jurisdictions (not us). Or of course you could look up yourself. In
which case you would not be saying "why does it not ..." but referencing
the pertinent paragraphs from the tax code (re: spin offs, capital gains)
I am NOT "qualified" to give such advice. << that doesn't mean I don't
know the answer >>
Michael D Novack
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