MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, April 18, 2007 The Tax Man Takes His Cut of Fund Profits Uncle Sam took a big bite out of taxable fund accounts in 2006. CNNMoney.com reports that shareholders in taxable fund accounts paid at least $23.8 billion in taxes. These figures only reflect those investors that held funds and reinvested distributions, those that sold shares would pay even higher taxes. Printed from: MFWire.com/story.asp?s=14080 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |