Pre-tax and after-tax returns
on average equity were 29pc and 18.
It's after-tax returns
that make the difference," said Pape.
He also said the link between taxes and output in the economy, according to Joint Committee on Taxation, can directly influence the level of labor supply, physical capital, human capital, and technology in an economy by changing the after-tax returns
to certain economic activities or changing the cost of pursuing them.
Clients' TSI accounts can be monitored frequently for tax-loss harvesting opportunities, which can lead to greater savings over time and better after-tax returns
Based on the average annualized difference of after-tax returns
, this cost would have been recovered by the performance differential in the first year.
The study finds that tax-efficient funds have tended to outperform other funds with respect to both before-tax and after-tax returns
Taxation is a dry, yet critical, topic for any investor who seeks maximum risk-adjusted and net after-tax returns
in the low-return investment environment that many of us--including the IMF and World Bank--anticipate in the future.
Therefore, to maximize after-tax returns
, a tax-efficient vehicle for gold investments becomes critical.
For many, optimizing after-tax returns
begins by consulting with an advisor to discuss the concept of "asset location," a strategy to determine which assets in the portfolio should be located in taxable vehicles and what portion should be tax-deferred.
Ball expects that the after-tax returns
of the acquired operations will surpass its return requirements, it added.
The results are similar for after-tax returns
, although the non-significant category changes to Corporate Bonds and Government Bonds becomes significant.
In essence, this reduces the manager's after-tax returns
by the amount of gains generated due to the inadequate tool.