Tax swap

Swapping two similar bonds to receive a tax benefit. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Tax Swap — A method of crystallizing capital losses by selling losing positions and purchasing companies within similar industries that have similar fundamentals. Investors can circumvent the IRS wash sale rule and utilize tax benefits of capital losses by… …   Investment dictionary

  • tax swap — swapp ing two similar bonds to receive a tax benefit. Bloomberg Financial Dictionary …   Financial and business terms

  • Tax shift — or Tax swap is a change in taxation that eliminates or reduces one or several taxes and establishes or increases others while keeping the overall revenue the same. [cite web url = http://sustainableprosperity.ca/about/faqs/#eight title = Will… …   Wikipedia

  • swap — A contract to buy and sell currencies with spot ( cash and carry) or forward contracts. The contract provides for the buying and selling to occur at different times; thus, each party acquires a currency it needs for a predetermined period of time …   Financial and business terms

  • Swap — An arrangement whereby two companies lend to each other on different terms, e.g. in different currencies, and/or at different interest rates, fixed or floating. The New York Times Financial Glossary * * * ▪ I. swap swap 1 [swɒp ǁ swɑːp] also swop …   Financial and business terms

  • Swap Ratio — The ratio in which an acquiring company will offer its own shares in exchange for the target company s shares during a merger or acquisition. To calculate the swap ratio, companies analyze financial ratios such as book value, earnings per share,… …   Investment dictionary

  • swap fund — (also known as exchange fund) investment vehicle introduced in 1999 that appeals to wealthy investors with large holdings in a single stock who want to diversify ( diversification) without paying capital gains taxes. These funds allow investors… …   Financial and business terms

  • Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …   Wikipedia

  • Replacement Swap — A substitute for a swap arrangement that is terminated before it matures. A swap may be ended early if there is a termination event or a default. If a swap is terminated early, both parties will cease to make the agreed upon payments and the… …   Investment dictionary

  • Currency transaction tax — For the more specific types of currency transaction taxes , see Tobin tax and Spahn tax. See also: Financial transaction tax A currency transaction tax is a tax placed on a specific type of currency transaction for a specific purpose. This term… …   Wikipedia

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