~snip
What's the difference? mid-December or so, prior to the Christmas Holidays or prior to January 10 and after New Year's.. There seems to be a bit of a crunch in time between new year's and January 10.. but getting it out of the way prior to various holidays might allow for some resolution of the matter.. ..
but then I suppose if they were to wait until after the holidays, then they don't have the holidays getting in the way... but I don't see much of any difference.. unless there is a bit of desire to continue to delay a wee bit.. to make sure that they are not missing anything and prepared once the ETFs go on line.. which could be a bit of a "nothing burger" even though I am anticipating that probably we would end up getting more pump rather than a dump, once they do actually go live.. a pump just seems more likely .. but who knows?
I don't know the US tax code (and from what I understand, nobody does) but up north, capital gains taxes are paid in the year they are realized. There could be advantages to waiting until the new year.
yep. an eft dec 10 with a jump to 100k by dec 30 means a sale gets taxed and paid asap.
an eft jan 10 with a jump to 100k by jan 30 means a sales gets taxed and paid 18 months later.
Somif we get eft in dec we may have a lot of selloffs and fast drops for,jan.
while the eft in jan may mean hodl works.an d we don’t drop off like mad.
but honey badger don’t care so I guess either one is good.
This is not so, in my opinion.
You are supposed to pay cap gains (especially when they are large) at the
pay date for that quarter in a form of Estimated tax, otherwise if you are paying in 18mo and a LARGE tax is due (more than $1000), you will be hit with penalties (with a special proviso that no penalties are applied if you paid totally in taxes at least the same amount as the year before). Of course, if you are paying in 18 mo and basically square (+/- $1000), then don't worry with estimated tax, which I always pay quarterly anyway. So, in my case, if i sell a chunk in december, i would pay estimated tax by jan 17, and if i sell in january, the next estimated tax pay date would be April 15, typically (in this case coinciding with the general tax day).