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 average annual return 10 years is shown above.
The Average Annual Return on the TAX average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TAX average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized 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 average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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