October 1, 2014
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6:11Now PlayingBanks are making a billion dollars a year by helping wealthy investors duck taxes on stock dividends, the Wall Street Journal reported.
When hedge funds know that a company in which they invest is about to make a dividend payment, they ask banks they do business with to change the legal ownership of their stocks to some third party based in a country with lower tax rates on stock dividends...
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Clip from the Tuesday, September 30th 2014 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 4-6pm Eastern.
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