North Miami Beach, FL. SPECTOR, ETHYL COHEN, born in (who the hell cares), raised in NYC, transcended this world too soon. Ethyl moved to Miami Beach when she wed the love of her life, Sheldon Spector, who proceeded her in death. As a wife, mother, grandmother, niece, cousin and friend Ethyl was...
Taxable vs Non-Taxable Investment Accounts. by ABC. The taxable status of an investment account refers to the whether any income earned in the account is taxable at the time of earning.
Endowments are NOT Tax Free. In the case of an endowment, tax on investment income is withheld at source by the administrator at a rate of 30% for a natural person. This should put to rest the other common misconception that endowments are âtax freeâ. They have often been marketed on this basis over the years.nterest earned within an endowment, on the other hand, will be taxed at the 30% rate from the first Rand. Another situation in which an endowment could make sense would be for an offshore investment. Taxation on offshore investment earnings and capital gains can be very complex.