AcceleratedTrackers are listedon theLondonstockmarket and are dealt just likeordinaryshares through a stockbroker, although withtheadvantage that no stamp duty is payable whenbuying.
Last year, many taxpayers accelerated income and sold stock realizing capital gains to lock in lower tax rates in anticipation of all the tax hikes that hit in January.
On the stock buyback, he notes that DirecTV has been buying back stock at an accelerated pace and will likely continue to do so in 2012, but that the pace is likely to slow meaningfully in 2013.