Mei, 33 euros per 10,000 euros ETF - there are indeed worse things now. But it's still true: It's tax on unrealized gains, and I wonder how that went through legally ...
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@Charmin That's the point and that's why it goes against my principles. I can avoid the whole thing, so that's what I do.
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@Charmin the up-front lump sum paid is offset against a later sale. This means you pay less tax at the end. That's exactly what it is, early taxes. Not ideal for compound interest. However, I don't know what it's like if you hold an ETF for 5 years, make book gains every year and thus pay the advance lump sum every year. In the 6th year, the ETF plummets and you sell at a loss. In theory, all the advance lump sums paid would then have to be included in the loss pot. This would make the whole thing very complicated to understand. But from a purely logical point of view, this is exactly how it should work.
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@Horrax Also works like this 👍🏻
I tested it once.
I tested it once.
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