tailieunhanh - The Servicemembers Civil Relief Act GUIDE

To maximize your mutual fund returns, or any investment re- turns, know the effect that taxes can have on what actually ends up in your pocket. Mutual funds that trade quickly in and out of stocks will have what is known as “high turnover.” While selling a stock that has moved up in price does lock in a profit for the fund, this is a profit for which taxes have to be paid. Turnover in a fund creates taxable capital gains, which are paid by the mutual fund shareholders. All mutual funds are now mandated by the SEC to show both. | The Servicemembers Civil Relief Act GUIDE Administrative Civil Law Department The JuDgE Advocate General s School United States Army Charlottesville ViRgiNiA March 2006 JA 260 Except as otherwise noted the contents of this publication are not copyrighted and may be freely reprinted. The citation is as follows The Judge Advocate General s Legal Center School . Army JA 260 Servicemembers Civil Relief Act page number March 2006 . Copyrighted material may not be reproduced further without the prior permission of the author s or compliance with 17 . 107. Plagiarism is the presentation of distinctive words or ideas of another as one s own without crediting the source. Plagiarism may be avoided by citing the source from which the material was taken. This applies to this publication and other material prepared by instructors at The Judge Advocate General s Legal Center School . Army. DEPARTMENT OF THE ARMY THE JUDGE ADVOCATE GENERAL S LEGAL CENTER SCHOOL CHARLOTTESVILLE VIRGINIA 22903-1781 PREFACE This publication is prepared and distributed by the Legal Assistance Branch of the Administrative and Civil Law Department of The Judge Advocate General s Legal Center School . Army. Legal assistance attorneys should find this publication useful in the delivery of legal assistance services to active component servicemembers reserve component servicemembers and their dependents. The information contained herein is as current as possible as of the date of publication. Attorneys should recall however the law is subject to legislative amendment and judicial interpretations that occur much more rapidly than this publication can be updated and distributed. For this reason use this publication only as a guide and not final authority on any specific law or regulation. Where appropriate legal assistance attorneys should consult more regularly updated references before rendering legal advice. The publication contains summaries of the law guidance and sample documents for .