23 Oa) Ob) A mutual fund trust has earned interest Income which it does not distribute. What are the consequences? The m
Posted: Tue Nov 16, 2021 7:56 am
23 Oa) Ob) A mutual fund trust has earned interest Income which it does not distribute. What are the consequences? The mutual fund is taxed on the income at the top rate applicable to individuals The mutual fund is taxed on the income at the graduated rates applicable to individuals. Unitholders are taxed on the income at their marginal tax rate. The income is not taxed. 00 Od)