$$ - Many companies are racing to payout dividends in the 2012 tax year to avoid whatever tax hike comes in 2013. Investors have also been said to be dumping dividend stocks. First, investors avoid any increase in dividend tax rates in 2013. But then they also get the 15% capital gains tax rate of 2012. Who knows what capital gains taxes will be in 2013?
(Hint: NOT LOWER)
I've also done some tax planning, but I don't think it is good to base investment decisions on taxes alone. Making money is always goal number one.
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Companies' Last Tax Dodge of 2012: Paying Out December Dividends
DAILYFINANCE.COM | NOVEMBER 28, 2012
http://pulse.me/s/fMIx7
Filed under: Investing, Wal-Mart Stores, Taxes, Stocks in the News Ethan Allen was a businessman, a writer, and an American Revolutionary War hero. H... Read more
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Companies' Last Tax Dodge of 2012: Paying Out December Dividends
DAILYFINANCE.COM | NOVEMBER 28, 2012
http://pulse.me/s/fMIx7
Filed under: Investing, Wal-Mart Stores, Taxes, Stocks in the News Ethan Allen was a businessman, a writer, and an American Revolutionary War hero. H... Read more
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Sent via Pulse