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Senate Version of Tax Bill Aims to Raise Tax Revenues from First-In, First-Out Share Sales

Clement K. Miller |
Wilmington Wire
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December 5, 2017— The Senate tax bill contains a provision that would force individual investors to use first-in-first-out (FIFO) tax treatment for sales of the shares of most stocks.   Markets have risen substantially in recent years, making management of taxable gains an important consideration in delivering after-tax returns to investors.   Under current law, individual investors are

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