Tax Alpha

I konw what this is, but do you think we might need to calculate? If so, how?

tax alpha is loss * t. it is the tax you wont have to pay i think

comp_sci_kid Wrote: ------------------------------------------------------- it is the tax you wont have to pay i think Yes. It is the tax savings that either the grantor or the beneficiaries receive.

yeah, pretty simple. It is expressed as a percetage though in the book which is not in front of me. not sure if was the (taxes not paid)/(ending portfolio value) or what.

Yes. (loss * tax)/ending_MV

Tax stuff has been there since 2008?