Tax-Efficient Fund — A mutual fund in which structure and operations are based on reducing the tax liability that its shareholders face. Reducing the tax liability of a fund is done in three main ways: 1. By purchasing tax free (or low taxed) investments such as… … Investment dictionary
tax-efficient — /tæks ɪ fɪʃ(ə)nt/ adjective referring to an investment which helps avoid tax … Dictionary of banking and finance
tax-efficient investments — Investments that have less of a tax consequence than other investments … Financial and business terms
tax efficiency — tax efficient ˌtax efˈficient adjective TAX a tax efficient way of doing something makes it possible for you to pay less tax: • It would be more tax efficient to register the holding company in the U.S., rather than in Europe. • A pension is a… … Financial and business terms
Tax Efficiency — An attempt to minimize tax liability when given many different financial decisions. There is a wide variety of tax efficient vehicles, including tax efficient mutual funds, irrevocable trusts and tax exempt commercial paper. Choosing the best tax … Investment dictionary
Tax efficiency — A financial process is said to be tax efficient if it is taxed at a lower rate than an alternative financial process that achieves the same end. [ [http://www.investorwords.com/4893/tax efficient.html Investor Words definition of tax efficient ]… … Wikipedia
Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… … Wikipedia
Tax Planning — Logical analysis of a financial situation or plan from a tax perspective, to align financial goals with tax efficiency planning. The purpose of tax planning is to discover how to accomplish all of the other elements of a financial plan in the… … Investment dictionary
Tax Shield — A reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as mortgage interest, medical expenses, charitable donations, amortization and depreciation. These deductions reduce taxpayers… … Investment dictionary
Tax Drag — The reduction of potential income due to taxes. Drag describes the loss in returns owing to taxation, usually on an investment. Tax drag is commonly used when describing the difference between an investment vehicle that is tax sheltered and one… … Investment dictionary
