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HIFO

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AcronymDefinition
HIFOHighest in First Out
HIFOInstitut für Hirnforschung (Universität Zürich, Switzerland)


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Maxit is an enterprise solution which integrates with back offices data to provide the most comprehensive cost basis support available, including: * Continuously adjusts cost basis in real-time, factoring in splits, warrants, dividends, mergers, spin offs, interest, redemptions and other investment actions * Automatic wash sale identification and adjustment * Support for FIFO, Average Cost, LIFO, HIFO, Specific ID and MinTax, a proprietary tax-efficient option.
through a HIFO strategy of offsetting losses) investors' tax payments, and they have the added benefit of aiming to escape random capital gains distributions.
 
 
 
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