Hi there,
some investmsnet funds are distributing from time to time retrocessions, which mainly are funds distributed based on performance of the fund and/ or founder of the investment fund bonuses..... do I need to classify such distributions as income or capital gain
Best,
how-to qualify investment fund retrocessions?
2 posts • Page 1 of 1
how-to qualify investment fund retrocessions?
by zeroco on Mon Jul 11, 2011 4:03 pm
- zeroco
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Re: how-to qualify investment fund retrocessions?
by pawncob on Tue Jul 12, 2011 10:28 am
They appear to be profit derived, so they must be income. Do you get vouchers with the payments? Are there tax credits shown?
With a pinch of salt take what I say, but don't exceed your RDA
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2 posts • Page 1 of 1
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