An Analysis of the Tax Treatment of Capital Losses

[摘要] This report provides an overview of issues related to the tax treatment of capital losses. It explains the current income tax treatment of losses, describes the historical treatment of losses, provides examples of the tax gaming opportunities associated with the net loss deduction, examines the distributional issues, and discusses the possible stimulative effects of an increase in the net loss deduction.

[发布日期] 2002-10-09 [发布机构] Library of Congress. Congressional Research Service.

[关键词] Taxation;Tax policy;Income tax