12B1 Fees
Hello, the firm that my company clears through advises that we do not include 12B1 fees in the outflows when doing a return of excess calculation. Do we know if there is an industry or IRS stance on this?
Thank you.
Hello, the firm that my company clears through advises that we do not include 12B1 fees in the outflows when doing a return of excess calculation. Do we know if there is an industry or IRS stance on this?
Thank you.
Submitted by Kevin O'Hearn on Tue, 2019-03-12 13:18