chapter 18&21
老师您好
8. Marco purchases units of an equity fund for $15 per share on January 1st. On June 30th, he receives a distribution of $1 per share. On December 30th, he sells his units for $20 per share. What tax slip will Marco will receive for this tax year?
A. A T5 for $5 per share.
B. A T3 for $4 per share.
C.A T3 for $5 per share.
D. A T3 for $1 per share.
Feedback: Mutual funds can generate taxable income in one of two ways:
- Through the distribution of interest income, dividends, and capital gains realized by the fund
- Through any capital gains realized when the investor sells the fund
When mutual funds are held outside a registered plan such as a registered retirement savings plan or a registered retirement income fund, the fund holder is sent either a T3 form (for unitholders) or a T5 form (for shareholders).
请问老师这题为什么选d？他卖出了share得到的$5 capital gain为什么不算呢？
44.Parmida is asked by a client to identify a security that he has heard a co-worker discuss as part of her portfolio. The security is described
as allowing an easy and low-risk way to invest in mortgages, without having to own mortgages directly. What security is your client’s coworker
likely holding?
A. First Mortgage Bond.
B. Securitized Debt.
C. Mortgage Backed Security (MBS).
D. Real Estate Investment Trust (REIT).
请问老师为什么这题选c而不是d呢？ mbs是investor hold mortgage directly吗？
同学，您好：
第一题，首先这是个mutual fund，这个distribution里面包括dividend和capital gain。因为这是fund manager的操作，fund manager buys and sells stocks throughout the year for the fund. If the manager sells a stock for more than it was bought, the capital gain that results is passed on to the fund holder。这里的tax slip针对的是fund manager的操作所产生的盈利。这个盈利会以distribution的形式给投资人。
第二题，主要是MBS和Reits的特点。MBS是以mortgage为抵押所发行的证券，所以持有MBS，属于间接持有mortgage。如果题目出现了“类似于股票形式的投资，投资于地产”，那么就是REITS
请登录或注册以提交给你的回答
