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Low basis constructive sale

什么是constructive sale

constructive sale是一种方法的总称。比如说我手上已经有股票了,但我做short sale,我卖完之后接着把我自己手里的股票卖给你,我就两清了,做short sale没有成本,而且又把我手里持有的low basis stock卖掉了,同时不用交很高的capital gain tax

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a taxpayer makes a constructive sale of an appreciated financial position if the taxpayer enters into:
1) a short sale of the same or substantially identical property;
2) an offsetting notional principal contract with respect to the same or substantially identical property; or
3) a futures or forward contract to deliver the same or substantially identical property.

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