Sentences with phrase «remain taxable assets»
Most of the income produced from the fund might be tax - exempt, but the fund can produce some taxable income (perhaps if it sells bonds at a taxable gain) and the shares themselves remain taxable assets at the time of sale.
https://www.fool.com/ Not exact matches
That said, the asset class remains a good source of income potential for taxable investors.
As rent appreciates from renovation and inflation, so does the value of the asset, so often, as long as interest rates remain low, you can refi or take out a second loan and take out a chunk of your equity while keeping the same LTV — this is not a taxable event!
From The Hidden Story of Partition and its Legacies: «90 % of the subcontinent's industry, and taxable income base remained in India, including the largest cities of Delhi, Bombay and Calcutta,» while, «Pakistan won a poor share of the colonial government's financial reserves - with 23 % of the undivided land mass, it inherited only 17.5 % of the former government's financial assets.»
As executor of Aunty Maud's estate, you'll be called upon to manage everything from her funeral arrangements to locating her assets, paying her bills, filing her tax returns (yes, there will be more than one), and divvying up the remains to the heirs, along with advising them what's taxable and what's not.
When Leasing, you only hold possession of the equipment, it remains property of the lender and thus, you can deduct the monthly payments and it won't add up to your taxable assets.
With a remaining income need of $ 35k, which he draws off of LTCG, while also capturing an additional 0 % LTCG on $ 13k of taxable assets.
If a Fund's book income exceeds its taxable income, the distribution (if any) of such excess book income will be treated as (i) a dividend to the extent of the Fund's remaining earnings and profits (including earnings and profits arising from tax - exempt income), (ii) thereafter, as a return of capital to the extent of the recipient's basis in the shares, and (iii) thereafter, as gain from the sale or exchange of a capital asset.
Home country bias or no, Canadian equities remain the core asset class for domestic investors, in both registered plans and taxable ones.
Distributions, once taken, are still taxable, and there is a strong inducement to allow assets, whenever possible, to remain in the plan to grow and compound at tax - deferred rates.