Are unrealized foreign exchange gains and losses taxable?

For trading securities, unrealized holding gains and losses are included in earnings?

  • For trading securities, unrealized holding gains and losses are included in earnings on: 1 - only at the end of the fiscal year 2 - on each reporting date 3 - only when they exceed 10% of the underlying investment 4 - based on a vote of the board of directors

  • Answer:

    2 - on each reporting date

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on each reporting date. Unrealized gains from Trading Securities are reported in the other revenues and gains in the income statement.

Mike

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