/biz/ - Business & Finance

>>28034118
>mfw someone immediately saved and reposted a reaction pic I posted
>mfw it is about my suggestion of looking for glassdoor reviews
Which one is it tho?

>Tax Straddle
>A practice in which two futures or options contracts, one expected to gain and one expected to lose, are sold in two different tax years. The contract expected to lose is sold at the end of one tax year while the one showing a gain is sold at the beginning of the following year. This is done in order to avoid taxation on a futures or option until the following year. This was formerly a common practice until the IRS began to require that all open positions be treated as if they were closed on the last day of the tax year for tax purposes.

Does anyone do something similar here? Maybe not US fags. I've looked up the tax code in my country and this loophole still exists.