Becausepayments in lieu of the dividend do not have the favorable tax treatment asqualified dividends, the broker may require that the short seller compensate for this differential tax treatment. For instance, according to theCharles Schwab Margin Disclosure Statement, to compensate investors who would...
"J. Edward Simmons and Charles Stewart Smith, their hearts full of gratitude for the lavish hospitality bestowed on them by Charles M. Schwab during a recent visit to Pittsburgh, had arranged the dinner to introduce the thirty-eight-year-old steel man to eastern banking society. But they ...
Becausepayments in lieu of the dividend do not have the favorable tax treatment asqualified dividends, the broker may require that the short seller compensate for this differential tax treatment. For instance, according to theCharles Schwab Margin Disclosure Statement, to compensate investors who would...