On: Tax consequences of WIN95 team members keeping a p...

[yardstick]

Does the IRS take into account losses by the company?

Eg if A Jewellery shop gave employees a special 2-for-1 / BOGOF gold bars, I expect that’d raise lots of red flags?

[balderdash → yardstick]

Why? now the employee has a large taxable embedded gain on their gold bar when they sell it.

[yardstick → balderdash]

Capital gains still less than Income Tax?

[balderdash → yardstick]

But you have to hold if for a year and take the price risk, if you sell it the next day to arb the price you pay ordinary income