Chapter 14

Question 1

What are the main taxes that impact investments and securities trading?

Answer 1

Income
Capital gains
Dividends tax
Securities transfer tax

Question 2

What are the categories of trading costs and fees?

Answer 2

Brokerage fees
Administrative costs
Statutory charges (STRATE FSCA SARS)

Question 3

What are the categories of investment costs and fees?

Answer 3

Initial fees aka entry fees
Administration fees
Asset management fees
Performance-based fees