TJS asked:
If the fund makes a trade does it have to pay the taxes or does the investor pay taxes after they make a withdrawl from the fund? Or is it both? Same with Mutual Funds? If these funds don’t have to pay taxes on their trades, this seems like a HUGE advantage compared to the average investor.
If the fund makes a trade does it have to pay the taxes or does the investor pay taxes after they make a withdrawl from the fund? Or is it both? Same with Mutual Funds? If these funds don’t have to pay taxes on their trades, this seems like a HUGE advantage compared to the average investor.
