Liberty Tax is a holding company. Through its subsidiaries, Co. is engaged as a franchisor and operator of a system of income tax preparation offices located in the U.S. and Canada. Through this system of income tax preparation offices, Co. facilitates refund-based tax settlement financial products, such as refunds transfer products and personal income tax refund discounting. Co. also provides online tax preparation services. Co.'s tax settlement products include: its refund transfer products, which involve direct deposit of the customer's tax refund into a temporary bank account in the customer's name; and its refund-based loans, which provides refund advance product to its customers. The TAX YTD return is shown above.
The YTD Return on the TAX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether TAX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TAX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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