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a) Ob) Od Odi Nikiteshow 1000 units of Series TH of a mutual fund. This year, the fund paid distributions of 60 cents pe
Posted: Tue Nov 16, 2021 7:54 am
by answerhappygod
- A Ob Od Odi Nikiteshow 1000 Units Of Series Th Of A Mutual Fund This Year The Fund Paid Distributions Of 60 Cents Pe 1 (12.15 KiB) Viewed 85 times
a) Ob) Od Odi Nikiteshow 1000 units of Series TH of a mutual fund. This year, the fund paid distributions of 60 cents per unit in the form of return of capital Which of the following statements is true? Nikitesh will be able to pay tax immediately on the distribution of 5600 A return of capital decreases the tax cost of the fund units A return of capital increases the tax cost of the fund units No tax is ever payable on return of capital as it is the investor's own money