This occurs when a gain on an investment is offset by a loss in that same security or investment. This offsetting loss typically occurs due to income taxes. Often the losses incurred are difficult to detect. Since there is no actual return, these gains are referred to as being phantom.
Related information about phantom gain:
- Phantom Gain Definition | Investopedia
A situation that arises when a gain on an investment is offset by a loss in the same investment, which usually comes from an income tax provision. Phantom ...
- Phantom Gain - Financial Dictionary - The Free Dictionary
A capital gain on which one owes taxes even if one takes a capital loss in the aggregate. The most common type of phantom gain occurs when a mutual fund ...
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Definition of phantom gain: This occurs when a gain on an investment is offset by a loss in that same security or investment. This offsetting loss typically occurs ...
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Phantom gain is an apparent earning that must be declared on taxes, even if someone actually took a loss. This can come up in some rare financial situations ...
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Sep 15, 2010 ... One the biggest cons of owning a mutual fund is something called a phantom gain. A phantom gain gets its name from the fact that you can lose ...
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significant, the phantom gain phenomenon forces consolidated groups to ... the occurrence of such phantom gain: modify the subsidiary basis adjustment ...
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Nov 5, 2012 ... 31, the phantom gain from loan modifications, foreclosures or forgiveness of debt on short sales can potentially be exempted. This cancellation ...