I have heard that because USO is structured as a partnership(when you buy USO you are buying "units", not shares) , it ends up complicating your tax situation. Does anybody have experience with this?
I am no fan of Yahoo message boards, however the following thread raises some issues that I am concerned about: http://messages.finance.yahoo.com/S...&bn=51316&tid=6958&mid=6958&tof=53&frt=2#6958
if I short USO, will there be any special tax ramifications? that yahoo thread posted above has got me worried