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heyyou · 2023年01月28日

Minimize capital gains relative to capital losses.

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NO.PZ202209060200004306

问题如下:

Which of the considerations outlined by Moynahan on page 6 of the presentation is least likely correct?

选项:

A.Consideration A B.Consideration B C.Consideration C

解释:

Solution

B is correct. When managing taxable fixed-income portfolios, Moynahan should not minimize capital gains relative to capital losses because capital losses are generally only used to offset capital gains.

A is incorrect. When managing taxable fixed-income portfolios, Moynahan would want to minimize interest income relative to capital gains because capital gains are typically taxed at a lower effective tax rate.

C is incorrect. When managing taxable fixed-income portfolios, Moynahan may want to dismiss attractive relative value trades due to tax implications.

请问对于taxble account来说,这句话是错的,这句话怎么理解呢?

4 个答案

pzqa015 · 2023年07月05日

嗨,从没放弃的小努力你好:


不应该是income 的 tax rate大于 capital gain的么?

--

一般情况下不鼓励频繁交易,所以,capital gain/loss的tax rate是大于income的。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

pzqa015 · 2023年01月29日

嗨,爱思考的PZer你好:


我认为这道题不太准确。

对于taxable account来说,应该降低capital gain,来避免被征收capital gain tax,所以,consideration2 是合适的。对于免税账户,不应该降低capital gain。

反倒是consideration1,由于capital gain的tax rate一般是大于income 的tax rate的,所以,不应该minimize income relative capital gains,而应该maximize income relative capital gains。A是least correct的。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

米妮涵 · 2023年07月04日

不应该是income 的 tax rate大于 capital gain的么?

heyyou · 2023年01月29日



pzqa015 · 2023年01月29日

嗨,努力学习的PZer你好:


同学你好,麻烦把题目的背景信息截图上传一下吧,我这看不到题目的背景信息。

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努力的时光都是限量版,加油!

heyyou · 2023年01月29日

已上传老师,请看下方

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