The annual Liberty Funds Tax Pain Index, which measures the taxes paid by U.S. investors on their mutual fund dividends and capital gains distributions, grew 9.5 percent from 1998 to 1999.
In 1999, investors paid a record $42.68 billion in taxes.
Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.
3-Week Free Trial
Insight and analysis into the management, marketing, operations and technology of the asset management industry.
Have an account? Sign In