ETFs: More Tax-Efficient than Apple?
May 23, 2013 at 14:25 PM EDT
Apple (NasdaqGS: AAPL) has faced intense scrutiny lately over using foreign subsidiaries to cut its U.S. income taxes. Of course, no one likes to pay taxes, which is why the tax efficiency of stock ETFs versus mutual funds is a key selling point. The tax advantages of ETFs stem from how the...