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Vanguard, BlackRock ETF Shuffle Lets Foreign Investors Duck US Tax

Key Points

Major institutions are flipping between near-identical equity funds to avoid receiving dividends — and the 30% tax that comes with them.

Major institutions are flipping between near-identical equity funds to avoid receiving dividends — and the 30% tax that comes with them.

Vanguard (ORG) BlackRock ETF Shuffle (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →