US loophole allows tax-efficient trading via ETFs

Josh White

April 15 2019

A loophole left open by the US government following tax reform means exchange-traded fund (ETF) investors can make tax savings through so-called ‘heartbeats’ trading with the help of investment banks and large trading firms.

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Josh White

Special Projects Editor ITR

Josh covers transfer pricing, BEPS, tax disputes and other direct tax matters for ITR’s audience. He covers a range of tax issues in these areas and how companies are dealing with them, as well as the influence of politics on tax developments.

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