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The specific share method isn't for everyone, tax experts caution.
First, chief executives should never promise a specific share price.
Specific share identification is commonly used to calculate taxes on stock sales.
Shifting to the specific share method could eliminate the tax liability.
Using this accounting method, called specific share identification, is complex and time consuming.
If the specific share method turns out to be disadvantageous, the investor is stuck with the consequences.
Similar(36)
The charity holds an annual fund-raiser at which investment luminaries give advice on specific shares.
The second is choosing which specific shares, funds, bonds and so on to buy.
The securities, which may be traded only in round lots of 100, each represent specific shares of 20 underlying companies in a sector.
The new rules will also require you to pay closer attention to which specific shares you want to sell.
Before that, traders had argued that the rule allowed purchases as long as those specific shares were not used to cover the short position.
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