TITLE

ADR Arbitrage Recognized

PUB. DATE
March 2002
SOURCE
Practical Accountant;Mar2002, Vol. 35 Issue 3, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the significance of an arbitrage transaction of American Depository Receipts (ADR) in the United States. Resale of ADR without the right to dividends; Importance of the transaction to federal income tax; Issues in disallowing taxpayer identification and capital losses.
ACCESSION #
6535874

 

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