Paul L. Caron
Dean



Thursday, April 20, 2006

Joint Economic Committee Releases Mutual Fund Shareholders' Taxes Jump

Us_capitol_9 The Joint Economic Committee yesterday released Mutual Fund Shareholders' Taxes Jump:

A surge in capital gain distributions in 2005 contributed to a large increase in taxes paid by mutual fund shareholders in the most recent filing season, Chairman Jim Saxton said today. Saxton based his remarks about this growing tax burden on a new study released by the respected Lipper research organization. According to the Lipper study, long-term capital gain distributions made by mutual funds surged 152 percent from 2004 to 2005.

https://taxprof.typepad.com/taxprof_blog/2006/04/joint_economic_.html

Gov't Reports | Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341c4eab53ef00d835603ff669e2

Listed below are links to weblogs that reference Joint Economic Committee Releases Mutual Fund Shareholders' Taxes Jump:

Comments