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He described it as "tax efficient".
Part of that is to be tax efficient.
Owning a second or third property is also not tax efficient.
E.T.F.'s are also sometimes even more tax efficient than Vanguard's 500 Index fund.
It's not just the Stones' companies that are predicated on being tax efficient.
Passively managed funds are very tax efficient, because they do not trade often.
Similar(43)
International bond funds are not particularly tax-efficient.
Be tax-efficient You also need to make your money work harder by being tax-efficient, suggests Maike Currie, associate investment director for personal investing at Fidelity International.
Affluent retirees with no earned income and with tax-efficient investments might well qualify.
Pub group Enterprise Inns yesterday said it plans to convert to a tax-efficient property trust.
He added, "It's also a tax-efficient way to invest in U.K. real estate".
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