NO.PZ202301041000001301
问题如下：
Demonstrate that the amount of Wald’s
total two-year tax liability is the same for both plans. Show your calculations.
选项：
解释：
Plan A :
Tax Liability Year 1:
Realized gains = CLC
50,000
Realized losses = CLC
45,000
Net gain = CLC 5,000
Capital gains tax =
0.20 x CLC 5,000= CLC 1,000
Tax Liability Year 2:
Stock Z:
Current market value
= CLC 250,000 (assuming expectation is correct)
Cost basis = CLC
175,000 (CLC 220,000 – CLC 45,000)
Net gain = CLC 75,000
Capital gains tax =
0.20 x CLC 75,000 = CLC 15,000
Wald’s two-year tax liability
is equal to
CLC 1,000 + CLC
15,000 = CLC 16,000
Plan B:
Tax Liability Year 1:
Realized gains = CLC
50,000
Capital gains tax =
0.20 x CLC 50,000 = CLC 10,000
Tax Liability Year 2:
Stock Y:
Current market value
= CLC 250,000 (assuming expectation is correct)
Cost basis = CLC
220,000
Net gain = CLC
250,000 – CLC 220,000=CLC 30,000
Capital gains tax =
0.20 x CLC 30,000 = CLC 6,000
Wald’s two-year tax liability
is equal to
CLC 10,000 + CLC
6,000 = CLC 16,000
为什么A plan - 第二年的cost basis要再一次减去45000？（原文答案： Cost basis = CLC 175,000 (CLC 220,000 – CLC 45,000)）
我的理解是，45000在year 1 已经用于抵消50000了，所以第二年就没了？
