题目
An investor in a country with an original issue discount tax provision purchases a 20-year zero-coupon bond at a deep discount to par value. The investor plans to hold the bond until the maturity date. The investor will most likely report:
选项
A.a capital gain at maturity.
B.a tax deduction in the year the bond is purchased.
C.taxable income from the bond every year until maturity.
答案
C
解析
： C is correct. The original issue discount tax provision requires the investor to include a prorated portion of the original issue discount in his taxable income every tax year until maturity. The original issue discount is equal to the difference between the bond’s par value and its original issue price. A is incorrect because the original issue discount tax provision allows the investor to increase his cost basis in the bond so that when the bond matures, he faces no capital gain or loss. B is incorrect because the original issue discount tax provision does not require any tax deduction in the year the bond is purchased or afterwards. ： C是正确的。原始发行折扣税规定要求投资者在到期前的每个纳税年度将原始发行折扣的按比例部分计入其应纳税所得额。原始发行折扣等于债券面值与其原始发行价格之间的差额。 A是不正确的，因为原始发行折扣税条款允许投资者增加其在债券中的成本基础，这样当债券到期时，他就不会面临资本损益。B是不正确的，因为原始发行折扣税条款不要求在债券购买当年或之后进行任何减税。