All Questions
Tagged with federal-tax-law ucc
1 question
1
vote
1
answer
108
views
Can a borrower create a taxable event for a lender by selling loaned property (e.g gold)?
Lending property (e.g. gold) is not a taxable event as the asset has not been sold. Let's use gold as an example to simplify things.
Scenario: A US company is loaned a $100,000 gold bar by a US ...
