Unclaimed Investor Funds - Tax Treatment?

Discussion in 'Trading' started by Ripley, Dec 4, 2013.

  1. Anyone here know anything about the tax treatment of unclaimed investor funds? do I treat it as ordinary income, or capital gains? or even something else?

    I couldn't find anything on this anywhere. Any help on this from experienced and profitable financial professionals greatly appreciated..
     
  2. luisHK

    luisHK

    Oh Ripley, what are you gonna do with this extra billion ? Bummer...
     
  3. Sorry to mislead.. It isn't in the billions (at least not yet)... Maybe that'll be an issue I have to deal with in the future. When you are managing money for a lot of old wealthy investors in far away places, you never know what happens.