What year-end tax information do shareholders receive?
MacroShares are publicly-traded partnerships. Income derived from your MacroShares investment and distributions will be reported to you on a Schedule K-1. Any income is generally expected to be exempt from state and local income tax. Gains or losses on sales of shares are treated as capital gains or losses, with long-term capital gains treatment potentially available. However, you should always consult your tax advisor to understand your specific tax situation.
