经典习题 Individual IPS

R 29 taxes and private wealth management in a global context 第2页最下面

simson states that she is very much in favor of a long term buy and hold strategy focues on capital appreciation.题目说她是买了长期持有，不是应该按 returns based taxes- deferred capital gain 来算么？为什么她的账户按每年收益都征税来算？

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王暄_品职助教 · 2021年11月04日

这是题目背景，但具体题目还是要看题干，题干说的是：

Based on the data in Exhibit 1 and assuming that all returns are taxed annually, the proportion of the investment's return that is consumed by taxes is closest to:

所以还是每年征税，而且表格也给出了每年的return和tax rate

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