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Exchange traded fund profits may result in higher taxes

Posted on 02 December 2009

From Usatoday.com: Investors in some exchange traded funds might be getting a little something extra this year: a bigger tax bill.

Profits from the vast majority of mutual funds get taxed at capital gains rates, just as profits from stocks and bonds. Long-term capital gains are taxed at a maximum 15%……………………………Full Article: Source

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