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That gave Mr. O'Neal a paper gain of $16 million.
His paper gain exceeded $20 million, so his tax liability immediately became $8 million.
The bank takes this paper gain while the business owner takes the paper loss.
Yet its 50 works on canvas and paper gain immeasurably from an intimate gallery setting.
But the company could and did count the paper gain as profit.
The stock closed Friday at $27.27 a share, giving him a paper gain of $1.5 million.
Similar(21)
They are not income; they are paper gains".
They treated paper gains as real and even borrowed against them.
With the steep drop in prices this year, Apache has large paper gains on those contracts.
The paper gained in stature through its coverage of the American Civil War.
Moreover, markets are inherently volatile; one year's paper gains is another's real losses.
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