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Dear Mark:
We have more detailed (internal-only) tax research on the spot forex taxation matter and we address this important issue in consultations with clients and during tax preparation. We hope to publish some of this additional info on our currency Web page soon.
What cite or authority have you heard for the position you are taking?
Please also call our customer service line 877-662-2014 (toll-free), or 646-216-8061 to arrange a phone call with me to discuss this issue.
Thanks.
Robert Green, CPA
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