The online definition of the Investment Tax Rate should read the Tax Rate on the growth of Taxable Investments
not
"how MUCH of each year's taxable gains will be taxed"
Documentation on Investment Tax Rate
Re: Documentation on Investment Tax Rate
The description says "the investment tax rate determines how much of each year's portfolio gains (from taxable investments) will be taxed."
It doesn't say it is how much, just that it determines how much.
I think the wording is correct, but perhaps it's a bit confusing?
It doesn't say it is how much, just that it determines how much.
I think the wording is correct, but perhaps it's a bit confusing?
Who is online
Users browsing this forum: No registered users and 15 guests