Section A (1 Mark)

Section A (1 Mark)

One aspect of the tax considerations in asset allocation is that
A . Capital gains are often taxed at a higher rate than income.
B . Taxes on capital gains are deferred until the gain is realized.
C . Investors are exempt from taxes on capital gains once they reach age 65.
D . Current income is seldom a significant consideration for an investor in the spending phase of the life cycle.

View Answer

Answer: B