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Does a repurchase agreement attract tax?

In: Taxes and Tax Preparation [Edit categories]

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What? A very muddled question or ideas on what is taxable.

The tax if any is due upon each part of th transaction...not dependent on a condition subsequent... a repurchase or whatever....and how could that change the tax? Your not thinking that because you sell something and then buy it back at a later time that it wouldn't be a taxable transaction are you?

First answer by IamLostRU. Last edit by IamLostRU. Contributor trust: 1566 [recommend contributor ]. Question popularity: 16 [recommend question].

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