I have to add that this is not Income. It is not a dividend nor interest. They are simply returning cash (instead of buying their own shares, hehe) to the shareholders because they no longer need it. The taxation law treats it as Return of Capital event, not a taxable income event. Therefore this is important for the taxation reports.
On Wednesday, 17 April 2019 15:06:33 UTC+2, Alen Šiljak wrote: > > The return of capital I've described above. In your example it would be if > Apple decided to give you back $200. The price of Apple would go down a > little bit on the market, naturally. You would not buy or sell any shares. > Nobody would charge you any fees. You just get $200 from your Apple shares. > -- --- You received this message because you are subscribed to the Google Groups "Ledger" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
