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Barry Ritholtz: Vanguard’s Clever Share Class Tax Moves

FYI: Last week’s big story about Vanguard Group’s patented tax dodge raised some interesting legal and tax issues. Our charge today is to try and take a deeper look at what Vanguard has been doing and why.
Regards,
Ted
https://ritholtz.com/2019/05/vanguard-patent-tax/
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