Thread: Britain INCREASES tax on ebooks
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Old 06-24-2010, 05:55 AM   #61
Iphinome
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Quote:
Originally Posted by GeoffC View Post
In my scenario I am assuming that after 2 years, I would sell ... capital gain losses are (as far as I understand it in the UK) not tax deductible, for me as an individual.
In the US you can deduct losses I'm afraid local tax laws are the only ones i have any familiarity with but be that as it may do you understand my point about taxing unearned income?
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