Integrating investments and the tax code: using the tax code to enhance returns and add value
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Hoboken, N.J.
J. Wiley & Sons
c2003
|
| Schlagworte: | |
| Online-Zugang: | Contributor biographical information Publisher description Table of contents Inhaltsverzeichnis |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | xiii, 318 p. 24 cm |
| ISBN: | 0471216429 |
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| 245 | 1 | 0 | |a Integrating investments and the tax code |b using the tax code to enhance returns and add value |c William Reichenstein, William Jennings |
| 264 | 1 | |a Hoboken, N.J. |b J. Wiley & Sons |c c2003 | |
| 300 | |a xiii, 318 p. |c 24 cm | ||
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| adam_text | Contents
Acknowledgments xv
Chapter 1 Introduction 1
Major Themes 1
Investment Premise 3
Tax and Investment Literature 5
History 6
Tax Topics Considered 7
Tax Topic Ignored 7
References 7
Notes 8
Part 1 Savings Vehicles 9
Ctapter2 Savings Vehicles:Structure and Ending-Wealth Models 11
Introduction 11
Tax Structure of Five Savings Vehicles 12
Taxable Account 13
Nondeductible IRA 13
Non-qualified Tax-deferred Annuity 13
Deductible Pension 14
Roth IRA 14
Other Features of Savings Vehicles 15
Liquidity Restrictions 17
Distribution Requirements 17
Tax Simplicity 17
Treatment at Death of Owner 17
Limits on Contributions/Investments 18
Eligibility Requirements 18
I
vi Content:
Ending-Wealth Models of Savings Vehicles 18
Taxable Account 20
Nondeductible IRA 20
Non-qualified Tax-deferred Annuity 21
Deductible Pension 21
Roth IRA 22
Comparing the Savings Vehicles 23
Deductible Pension versus Roth IRA 23
Deductible Pension versus Taxable Account 25
Nondeductible IRA versus Taxable Account 27
Non-qualified Tax-deferred Annuity versus
Taxable Account 28
Summary 28
Appendix 2.1: The Value of the Stock
Portfolio for a 10-year Investment Horizon 30
Notes 31
Chapter 3 Aftep-tax Wealth across Savings Vehicles 32
Introduction 32
Tax Consequences of Actively Trading
Stocks in a Taxable Account 33
Investors in the Same Tax Bracket
before and after Retirement 36
Investment in Bonds 37
Taxable Account versus Basic Pension 37
Taxable Account versus Nondeductible IRA 38
Taxable Account versus Non-qualified Tax-deferred
Annuity 38
Investment in Stocks 38
Taxable Account versus Basic Pension 40
Taxable Account versus Nondeductible IRA 40
Taxable Account versus Non-qualified
Tax-deferred Annuity 41
Tax Timing, Matching Contributions, and Other Cases 41
Taxable Account versus Deductible Pension 42
Taxable Account versus Nondeductible IRA 42
Taxable Account versus Non-qualified Tax-deferred Annuity 43
Summary 45
Appendix 3.1: Estimating the Additional Costs on Annuities 46
Contents VI
References 47
Notes 47
Chapter 4 Frequently Asked Questions Related to Savings Vehicles 48
Introduction 48
Representative Investors 48
Frequently Asked Questions 49
Which Savings Vehicles Provide the Largest
After-tax Retirement Income? 49
What Factors Limit the Attractiveness of the
Nondeductible IRA? 56
Should Someone Save First in a Roth IRA,
Deductible Pension with Matching Contributions,
or Deductible Pension without Matching Contributions? 57
Should Someone Who Qualifies for Both Save
in a Deductible IRA or a Roth IRA? 59
Should Someone Convert Funds from a
Traditional IRA to a Roth IRA? 59
Deductible IRA Conversions 60
Nondeductible IRA Conversions 61
Should Someone Save in a Taxable Account
or a Non-qualified Tax-deferred Annuity? 63
Summary 63
References 64
Notes 64
Chapter 5 Who Should buy a non-qualified Tax-deferred Annuity? 65
Introduction 65
Terminology, Tax Structures, and More 69
Terminology 69
Tax Structures 69
Importance of 2001 Tax Act 72
Creditor Protection across Savings Vehicles 73
Summary thus Far 73
Non-qualified Annuity or Mutual Fund Held in
Taxable Account? 73
Comparing Features of Annuities and Taxable Accounts 73
Value of Death Benefit 75
viii Csotests
Accumulation and Distribution Phases 78
Cost Structures 78
Comparing Retirement Incomes 81
Same Tax Bracket before and during Retirement 83
Lower Tax Bracket during Retirement 87
Distribution Phase 89
Incentives 92
Summary 93
Appendix 5.1: Calculation of Constant
After-tax Retirement Incomes from a
Bond Fund or a Stock Fund Held in an Annuity 94
Appendix 5.2: Calculation of Constant
After-tax Retirement Incomes from a
Bond Fund or an Active Stock Fund
Held in a Taxable Account 95
Appendix 5.3: Calculation of Constant
After-tax Retirement Income from a Passive
Stock Fund Held in a Taxable Account 96
References 97
Notes 99
Chapter 6 Saving Opportunities in Deductible Pensions mm Roth IRAs after the 2001 tax Act 100
Introduction 100
Contribution Limits and Income Limits 101
Contribution Limits 101
Income Limits 103
Lower-income Credit for Retirement Contributions 106
Ability to Obtain Funds before Retirement 107
Exceptions to the 10 Percent Penalty Tax on
Distributions before Age 59 A 107
Warning 109
Summary 109
Chanter 7 Tax-EfficientInvesting 111
Introduction 111
Allow Capital Gains to Grow Unharvested 112
Harvesting Capital Losses 113
Contents ix
Two Lessons in Managing Taxable Accounts 114
Good Choices for Stocks Held in Taxable Accounts 114
Investment Implications 118
References 119
Notes 119
Chapter 8 College Savings Strategies 120
Introduction 120
Background 121
Qualified Higher Education Expenses 121
Modified Adjusted Gross Income 121
Sunset Provisions 121
Savings Vehicles 124
529 Qualified Tuition Plans 124
Prepaid Qualified Tuition Plans 124
529 Savings Qualified Tuition Plans 125
Coverdell Education Savings Accounts 126
Individual Retirement Accounts 127
Traditional (Deductible) IRAs 127
Roth IRAs 128
U.S. Savings Bonds 128
Other Tax Strategies 130
Gifting Strategies 130
Shifting Wage Income 131
Hope Credit 131
Lifetime Learning Credit 132
Above-the-line Deductions 132
Not Claiming a Child as a Dependent 133
Independence 134
Analysis 134
Analysis of Strategies 134
Parent Saves in Taxable Accounts 135
Gifting Strategies including UGMAs/UTMAs 135
529 Qualified Tuition Plans 135
Savings Bonds 136
Coverdell Educational Savings Accounts 136
Deductible IRAs 136
Roth IRAs 136
Financial Aid Eligibility 137
x Contents
Applications 138
Strategies for a Young Child 138
Strategies for an Older Child 139
Summary 140
References 140
Notes 141
Part II A New Approach to Calculating a Family s Asset Allocation 143
Chapter 9 Calculating the Asset Allocation 145
Introduction 145
Unique Features when Managing Family Portfolios 147
Are the Unique Features Implicitly Considered? 148
Relationship between the Book s Two Parts and an Outline 149
References 150
Chapter 1O Conversion to After-tax Funds: 151
Introduction 151
What Belongs in the Family Portfolio 151
Life Insurance, Residence, and Mortgages 152
Converting the Value of Assets Held in Taxable Accounts 153
Converting the Value of Assets Held in Retirement
Savings Vehicles 155
Converting the Value of Retirement Income Streams 156
Retirement Income Streams as Contingent Assets 166
Summary 167
References 168
Notes 168
Chapter 11 Estimating the Value of social Security Retirement Bnefits 189
Introduction 169
Social Security Retirement Benefits 170
Description of Entitlements 170
Calculation of Social Security Retirement Benefits 172
Reductions and Taxation of Benefits 173
Contents 11
Estimating Social Security s Before-tax Value for Singles 178
Calculating Present Value of Before-tax Benefits
for Singles 178
Benefit Reductions for Singles 182
Properties of Multiples 182
Expected Cash Flows or Cash Hows through
Life Expectancy 183
Estimating Social Security s Before-tax Value for Couples 184
Other Criticisms 184
Calculating Present Value of Before-tax Benefits
for Couples 186
Investment Implications 188
Future Changes in Social Security 191
Summary 192
Appendix 11.1: When Should the Average
Single Person Begin Receiving Benefits? 196
Appendix 11.2: When Should the Average
Couple Begin Receiving Benefits? 199
Appendix 11.3: Explanations of Multiple Calculations
for Social Security Retirement Benefits 209
References 210
Notes 211
Chapter 12 Calculating the Value of Military Retirement Income 213
Introduction 213
What Counts in the Family Portfolio? 214
U.S. Military Retirement Systems 215
Issues, Illustration, and Critique of Our Estimates 217
Issues 217
Illustration 218
Critique of Our Estimates 219
Retirement Income Streams as Contingent Assets 220
Multiples 220
Multiples under the Final Pay and High Three Systems 221
Multiples under the REDUX Retirement System 222
Properties of Multiples 224
Illustration of Our New Approach to Calculating the
Family Asset Mix 225
xii Contents
Summary 226
Appendix 12.1: Explanations of Multiple Calculations
for Military Retirement Benefits 238
References 238
Notes 239
Chapter 13 Calculating the Value of Defined-benefit Plans: Company Pensions,
techers , firefighters , and Police Officers Pensions 240
Introduction 240
Background Discussion of Defined-benefit Plans 241
Benefit Formulas 242
Integration with Social Security 243
Automatic and Discretionary Adjustments 244
Estimation Issues 245
Estimate of Initial Level of Retirement Income 245
Postretirement Increases in Retirement Income 248
Estimate of Discount Rate 248
Two Present Values 250
Examples of Estimates 252
Single Participants 252
Married Participants Who Select a Joint-life Option 259
Conversion to After-tax Values 264
Retirement Income Streams as Contingent Assets 264
Summary 265
Appendix 13.1: Explanations of Multiple
Calculations for Defined-benefit Plans 278
References 278
Notes 279
Chapter 14 Asset Allocation and Asset location Decisions 281
Introduction 281
Measuring an Individual s Asset Allocation 282
Three Portfolios 282
Risk and Returns across Savings Vehicles 283
Contents xiii
Optimization with Taxable and Retirement Accounts 286
Trader 288
Active Investor 290
Passive Investor 292
Calculating Mark s Optimal Asset Mix: Traditional
versus After-tax Approach 292
Relative Importance of Investment Management
Strategy and Asset Location 293
Tax Losses and the Asset-location Decision 295
Summary 296
References 297
Notes 298
Chapter 15 Case Studies 299
Introduction 299
Case 1 299
Guideline Answer to Case 1 299
Case 2, Part 1 301
Guideline Answer to Case 2, Part 1 301
Case 2, Part 2 303
Guideline Answer to Case 2, Part 2 304
Case 2, Part 3 304
Guideline Answer to Case 2, Part 3 304
Case 3 305
Guideline Answer to Case 3 306
Glossary 399
Index 315
|
| adam_txt |
Contents
Acknowledgments xv
Chapter 1 Introduction 1
Major Themes 1
Investment Premise 3
Tax and Investment Literature 5
History 6
Tax Topics Considered 7
Tax Topic Ignored 7
References 7
Notes 8
Part 1 Savings Vehicles 9
Ctapter2 Savings Vehicles:Structure and Ending-Wealth Models 11
Introduction 11
Tax Structure of Five Savings Vehicles 12
Taxable Account 13
Nondeductible IRA 13
Non-qualified Tax-deferred Annuity 13
Deductible Pension 14
Roth IRA 14
Other Features of Savings Vehicles 15
Liquidity Restrictions 17
Distribution Requirements 17
Tax Simplicity 17
Treatment at Death of Owner 17
Limits on Contributions/Investments 18
Eligibility Requirements 18
I
vi Content:
Ending-Wealth Models of Savings Vehicles 18
Taxable Account 20
Nondeductible IRA 20
Non-qualified Tax-deferred Annuity 21
Deductible Pension 21
Roth IRA 22
Comparing the Savings Vehicles 23
Deductible Pension versus Roth IRA 23
Deductible Pension versus Taxable Account 25
Nondeductible IRA versus Taxable Account 27
Non-qualified Tax-deferred Annuity versus
Taxable Account 28
Summary 28
Appendix 2.1: The Value of the \ Stock
Portfolio for a 10-year Investment Horizon 30
Notes 31
Chapter 3 Aftep-tax Wealth across Savings Vehicles 32
Introduction 32
Tax Consequences of Actively Trading
Stocks in a Taxable Account 33
Investors in the Same Tax Bracket
before and after Retirement 36
Investment in Bonds 37
Taxable Account versus Basic Pension 37
Taxable Account versus Nondeductible IRA 38
Taxable Account versus Non-qualified Tax-deferred
Annuity 38
Investment in Stocks 38
Taxable Account versus Basic Pension 40
Taxable Account versus Nondeductible IRA 40
Taxable Account versus Non-qualified
Tax-deferred Annuity 41
Tax Timing, Matching Contributions, and Other Cases 41
Taxable Account versus Deductible Pension 42
Taxable Account versus Nondeductible IRA 42
Taxable Account versus Non-qualified Tax-deferred Annuity 43
Summary 45
Appendix 3.1: Estimating the Additional Costs on Annuities 46
Contents VI
References 47
Notes 47
Chapter 4 Frequently Asked Questions Related to Savings Vehicles 48
Introduction 48
Representative Investors 48
Frequently Asked Questions 49
Which Savings Vehicles Provide the Largest
After-tax Retirement Income? 49
What Factors Limit the Attractiveness of the
Nondeductible IRA? 56
Should Someone Save First in a Roth IRA,
Deductible Pension with Matching Contributions,
or Deductible Pension without Matching Contributions? 57
Should Someone Who Qualifies for Both Save
in a Deductible IRA or a Roth IRA? 59
Should Someone Convert Funds from a
Traditional IRA to a Roth IRA? 59
Deductible IRA Conversions 60
Nondeductible IRA Conversions 61
Should Someone Save in a Taxable Account
or a Non-qualified Tax-deferred Annuity? 63
Summary 63
References 64
Notes 64
Chapter 5 Who Should buy a non-qualified Tax-deferred Annuity? 65
Introduction 65
Terminology, Tax Structures, and More 69
Terminology 69
Tax Structures 69
Importance of 2001 Tax Act 72
Creditor Protection across Savings Vehicles 73
Summary thus Far 73
Non-qualified Annuity or Mutual Fund Held in
Taxable Account? 73
Comparing Features of Annuities and Taxable Accounts 73
Value of Death Benefit 75
viii Csotests
Accumulation and Distribution Phases 78
Cost Structures 78
Comparing Retirement Incomes 81
Same Tax Bracket before and during Retirement 83
Lower Tax Bracket during Retirement 87
Distribution Phase 89
Incentives 92
Summary 93
Appendix 5.1: Calculation of Constant
After-tax Retirement Incomes from a
Bond Fund or a Stock Fund Held in an Annuity 94
Appendix 5.2: Calculation of Constant
After-tax Retirement Incomes from a
Bond Fund or an Active Stock Fund
Held in a Taxable Account 95
Appendix 5.3: Calculation of Constant
After-tax Retirement Income from a Passive
Stock Fund Held in a Taxable Account 96
References 97
Notes 99
Chapter 6 Saving Opportunities in Deductible Pensions mm Roth IRAs after the 2001 tax Act 100
Introduction 100
Contribution Limits and Income Limits 101
Contribution Limits 101
Income Limits 103
Lower-income Credit for Retirement Contributions 106
Ability to Obtain Funds before Retirement 107
Exceptions to the 10 Percent Penalty Tax on
Distributions before Age 59'A 107
Warning 109
Summary 109
Chanter 7 Tax-EfficientInvesting 111
Introduction 111
Allow Capital Gains to Grow Unharvested 112
Harvesting Capital Losses 113
Contents ix
Two Lessons in Managing Taxable Accounts 114
Good Choices for Stocks Held in Taxable Accounts 114
Investment Implications 118
References 119
Notes 119
Chapter 8 College Savings Strategies 120
Introduction 120
Background 121
Qualified Higher Education Expenses 121
Modified Adjusted Gross Income 121
Sunset Provisions 121
Savings Vehicles 124
529 Qualified Tuition Plans 124
Prepaid Qualified Tuition Plans 124
529 Savings Qualified Tuition Plans 125
Coverdell Education Savings Accounts 126
Individual Retirement Accounts 127
Traditional (Deductible) IRAs 127
Roth IRAs 128
U.S. Savings Bonds 128
Other Tax Strategies 130
Gifting Strategies 130
Shifting Wage Income 131
Hope Credit 131
Lifetime Learning Credit 132
Above-the-line Deductions 132
Not Claiming a Child as a Dependent 133
Independence 134
Analysis 134
Analysis of Strategies 134
Parent Saves in Taxable Accounts 135
Gifting Strategies including UGMAs/UTMAs 135
529 Qualified Tuition Plans 135
Savings Bonds 136
Coverdell Educational Savings Accounts 136
Deductible IRAs 136
Roth IRAs 136
Financial Aid Eligibility 137
x Contents
Applications 138
Strategies for a Young Child 138
Strategies for an Older Child 139
Summary 140
References 140
Notes 141
Part II A New Approach to Calculating a Family's Asset Allocation 143
Chapter 9 Calculating the Asset Allocation 145
Introduction 145
Unique Features when Managing Family Portfolios 147
Are the Unique Features Implicitly Considered? 148
Relationship between the Book's Two Parts and an Outline 149
References 150
Chapter 1O Conversion to After-tax Funds: 151
Introduction 151
What Belongs in the Family Portfolio 151
Life Insurance, Residence, and Mortgages 152
Converting the Value of Assets Held in Taxable Accounts 153
Converting the Value of Assets Held in Retirement
Savings Vehicles 155
Converting the Value of Retirement Income Streams 156
Retirement Income Streams as Contingent Assets 166
Summary 167
References 168
Notes 168
Chapter 11 Estimating the Value of social Security Retirement Bnefits 189
Introduction 169
Social Security Retirement Benefits 170
Description of Entitlements 170
Calculation of Social Security Retirement Benefits 172
Reductions and Taxation of Benefits 173
Contents 11
Estimating Social Security's Before-tax Value for Singles 178
Calculating Present Value of Before-tax Benefits
for Singles 178
Benefit Reductions for Singles 182
Properties of Multiples 182
Expected Cash Flows or Cash Hows through
Life Expectancy 183
Estimating Social Security's Before-tax Value for Couples 184
Other Criticisms 184
Calculating Present Value of Before-tax Benefits
for Couples 186
Investment Implications 188
Future Changes in Social Security 191
Summary 192
Appendix 11.1: When Should the "Average"
Single Person Begin Receiving Benefits? 196
Appendix 11.2: When Should the "Average"
Couple Begin Receiving Benefits? 199
Appendix 11.3: Explanations of Multiple Calculations
for Social Security Retirement Benefits 209
References 210
Notes 211
Chapter 12 Calculating the Value of Military Retirement Income 213
Introduction 213
What "Counts" in the Family Portfolio? 214
U.S. Military Retirement Systems 215
Issues, Illustration, and Critique of Our Estimates 217
Issues 217
Illustration 218
Critique of Our Estimates 219
Retirement Income Streams as Contingent Assets 220
Multiples 220
Multiples under the Final Pay and High Three Systems 221
Multiples under the REDUX Retirement System 222
Properties of Multiples 224
Illustration of Our New Approach to Calculating the
Family Asset Mix 225
xii Contents
Summary 226
Appendix 12.1: Explanations of Multiple Calculations
for Military Retirement Benefits 238
References 238
Notes 239
Chapter 13 Calculating the Value of Defined-benefit Plans: Company Pensions,
techers', firefighters', and Police Officers' Pensions 240
Introduction 240
Background Discussion of Defined-benefit Plans 241
Benefit Formulas 242
Integration with Social Security 243
Automatic and Discretionary Adjustments 244
Estimation Issues 245
Estimate of Initial Level of Retirement Income 245
Postretirement Increases in Retirement Income 248
Estimate of Discount Rate 248
Two Present Values 250
Examples of Estimates 252
Single Participants 252
Married Participants Who Select a Joint-life Option 259
Conversion to After-tax Values 264
Retirement Income Streams as Contingent Assets 264
Summary 265
Appendix 13.1: Explanations of Multiple
Calculations for Defined-benefit Plans 278
References 278
Notes 279
Chapter 14 Asset Allocation and Asset location Decisions 281
Introduction 281
Measuring an Individual's Asset Allocation 282
Three Portfolios 282
Risk and Returns across Savings Vehicles 283
Contents xiii
Optimization with Taxable and Retirement Accounts 286
Trader 288
Active Investor 290
Passive Investor 292
Calculating Mark's Optimal Asset Mix: Traditional
versus After-tax Approach 292
Relative Importance of Investment Management
Strategy and Asset Location 293
Tax Losses and the Asset-location Decision 295
Summary 296
References 297
Notes 298
Chapter 15 Case Studies 299
Introduction 299
Case 1 299
Guideline Answer to Case 1 299
Case 2, Part 1 301
Guideline Answer to Case 2, Part 1 301
Case 2, Part 2 303
Guideline Answer to Case 2, Part 2 304
Case 2, Part 3 304
Guideline Answer to Case 2, Part 3 304
Case 3 305
Guideline Answer to Case 3 306
Glossary 399
Index 315 |
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| geographic | USA (DE-588)4078704-7 gnd |
| geographic_facet | USA |
| id | DE-604.BV023259837 |
| illustrated | Not Illustrated |
| index_date | 2024-07-02T20:31:32Z |
| indexdate | 2024-07-09T21:14:21Z |
| institution | BVB |
| isbn | 0471216429 |
| language | English |
| lccn | 2002014453 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016445058 |
| oclc_num | 50583636 |
| open_access_boolean | |
| owner | DE-20 |
| owner_facet | DE-20 |
| physical | xiii, 318 p. 24 cm |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | J. Wiley & Sons |
| record_format | marc |
| spelling | Reichenstein, William R. Verfasser aut Integrating investments and the tax code using the tax code to enhance returns and add value William Reichenstein, William Jennings Hoboken, N.J. J. Wiley & Sons c2003 xiii, 318 p. 24 cm txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index aInvestment analysis aInvestments aTaxation Portfoliomanagement (DE-588)4115601-8 gnd rswk-swf Steuerpolitik (DE-588)4057447-7 gnd rswk-swf Steuerersparnis (DE-588)4077884-8 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Portfoliomanagement (DE-588)4115601-8 s Steuerpolitik (DE-588)4057447-7 s DE-604 Steuerersparnis (DE-588)4077884-8 s http://www.loc.gov/catdir/bios/wiley044/2002014453.html Contributor biographical information http://www.loc.gov/catdir/description/wiley036/2002014453.html Publisher description http://www.loc.gov/catdir/toc/wiley031/2002014453.html Table of contents HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016445058&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Reichenstein, William R. Integrating investments and the tax code using the tax code to enhance returns and add value aInvestment analysis aInvestments aTaxation Portfoliomanagement (DE-588)4115601-8 gnd Steuerpolitik (DE-588)4057447-7 gnd Steuerersparnis (DE-588)4077884-8 gnd |
| subject_GND | (DE-588)4115601-8 (DE-588)4057447-7 (DE-588)4077884-8 (DE-588)4078704-7 |
| title | Integrating investments and the tax code using the tax code to enhance returns and add value |
| title_auth | Integrating investments and the tax code using the tax code to enhance returns and add value |
| title_exact_search | Integrating investments and the tax code using the tax code to enhance returns and add value |
| title_exact_search_txtP | Integrating investments and the tax code using the tax code to enhance returns and add value |
| title_full | Integrating investments and the tax code using the tax code to enhance returns and add value William Reichenstein, William Jennings |
| title_fullStr | Integrating investments and the tax code using the tax code to enhance returns and add value William Reichenstein, William Jennings |
| title_full_unstemmed | Integrating investments and the tax code using the tax code to enhance returns and add value William Reichenstein, William Jennings |
| title_short | Integrating investments and the tax code |
| title_sort | integrating investments and the tax code using the tax code to enhance returns and add value |
| title_sub | using the tax code to enhance returns and add value |
| topic | aInvestment analysis aInvestments aTaxation Portfoliomanagement (DE-588)4115601-8 gnd Steuerpolitik (DE-588)4057447-7 gnd Steuerersparnis (DE-588)4077884-8 gnd |
| topic_facet | aInvestment analysis aInvestments aTaxation Portfoliomanagement Steuerpolitik Steuerersparnis USA |
| url | http://www.loc.gov/catdir/bios/wiley044/2002014453.html http://www.loc.gov/catdir/description/wiley036/2002014453.html http://www.loc.gov/catdir/toc/wiley031/2002014453.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016445058&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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