Do you pay interest on mutual funds 2024?

Lucas Lewis | 2023-05-07 11:50:12 | page views:1750
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Isabella Lee

Studied at the University of Tokyo, Lives in Tokyo, Japan.
Mutual fund distribute income to shareholders through capital gains distributions or dividend distributions. Interest earned by a fund's assets is paid as a dividend distribution. To avoid paying taxes on earnings, mutual funds are required to pass on all net income to shareholders at least once each year.
2023-05-16 11:50:12

Julian Thompson

QuesHub.com delivers expert answers and knowledge to you.
Mutual fund distribute income to shareholders through capital gains distributions or dividend distributions. Interest earned by a fund's assets is paid as a dividend distribution. To avoid paying taxes on earnings, mutual funds are required to pass on all net income to shareholders at least once each year.
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