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phantom tax

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  • phantom tax



    phantom tax also known as phantom income as well as dry income which occurs when an investor, even though they haven't yet sold their investment or received their profits in cash, is taxed on the appreciation of their investments or the recognition of gains. This is a type of tax which happens on the occasion of various investment vehicles like stocks, bonds, real estate and various other assets. Over time, you may experience appreciation or produce unrealized gains.
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