Taxes
What is FIFO?
A method in which the oldest purchased units are sold first.
It is used to calculate gains and, in some countries, to check holding-period exemptions.
Related terms
Definitions are general and are not investment or tax advice.
A method in which the oldest purchased units are sold first.
It is used to calculate gains and, in some countries, to check holding-period exemptions.
Definitions are general and are not investment or tax advice.