Ryan J. Terry

Date of Award


Document Type

Independent Study

Degree Name

Master of Science (MS)


Income tax consequences of investment policy are many and various. The taxpayer should be acquainted with the aspects of taxation and plan his investment strategy accordingly. The purpose of this paper is to familiarize the stock market participants (dealer, trader, and investor) with various areas of taxation with which he should be concerned. It must be remembered, however, that there is no one method of dealing that is best for all participants. Each participant must plan his own investment policy to meet his own needs.