📄 Extracted Text (155 words)
From: Vincenzo lozzo
Sent: Saturday, August 16, 2014 8:36 PM
To: Jeffrey E.
Subject: Taxes
So quick question for you: are taxes a trick?
Here's what I mean, I think (gut feeling - no proof) that there are potentia=ly a number of arbitrage/risk-free
opportunities that are not tackled by an=body because when you add in taxes you don't actually make money.
Is 'hacking' taxes a strategy? It seems like all the academic texts leave th=t part for the reader which makes me think
there's something there.
Also I was reading a while ago that rentech was using a weird structure with=Credit Suisse (iirc) where they were taxed
on their profits as if it was l=ng-term capital gains instead of short-term.
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EFTA_R1_02167804
EFTA02718084
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