6Mon·

Gold tax-free

Is it true that the $EWG2 (+0.06%) tax-free after a holding period of 1 year? I would then switch from my $IGLN (+0.5%) switch. It says on the Internet that brokers generally do not charge tax on sales after 1 year. What is the rule? XD

21 Comments

Kapitän K.@PalmPirateTechnocrate

6Mon

I would also be interested in this, I am invested.

•

Aktienmasseur@Aktienmasseur

6Mon

Yes, that is the case. Tax-free after one year.

•

KonradM@KonradM

6Mon

If you sell your gold after holding it for a year, it is tax-free. However, this should also be stated somewhere in the broker's product sheet

•

Kapitän K.@PalmPirateTechnocrate

6Mon

@KonradM I'll have a look right away. EDIT: Yes, as with crypto. Top! "Due to the product structure of EUWAX Gold II, banks and online brokers generally do not deduct tax on a sale. This means that the purchase and redemption or sale of EUWAX Gold II is treated in the same way as physical gold. Here, capital gains are tax-free after a holding period of one year."

•

KonradM@KonradM

6Mon

@PalmPirateTechnocrate do that. At wisdomtree you can even exchange after a year and physically own something corresponding to the shares. But just have a look

••

Timo@Aktienorang-Utan

6Mon

Yes, that's right, tax-free after one year.

•

patrick0NTour@patrick0NTour

6Mon

Too bad that $EWG2 is not available on TR 🫠

••

Alex@nitroxx

6Mon

@patrick0NTour TR has Wisdom, also tax-free and 0.12 costs are negligible

••

patrick0NTour@patrick0NTour

6Mon

@nitroxx I can't find it, do you happen to have the code handy?

••

CrashBurner@Psychedelic_Sunflower

6Mon

@patrick0NTour $WGLD

••

Alex@nitroxx

6Mon

@patrick0NTour JE00BN2CJ301

••

Alex@nitroxx

6Mon

@patrick0NTour JE00B588CD74

And here is the explanation https://www.wisdomtree.eu/de-de/products/ucits-etfs-unleveraged-etps/commodities/wisdomtree-core-physical-gold

Or

https://www.wisdomtree.eu/-/media/eu-media-files/other-documents/faq/faq-sgbs---investing-in-gold_tax-benefits_de.pdf?sc_lang=de-de&hash=2BD4E93D7162B266D7529F6F80FC3F13

••

patrick0NTour@patrick0NTour

6Mon

@nitroxx Many thanks for that! 🥳

••

Max@value_virtuoso_135

5Mon

@nitroxx Are you sure it's tax-free?

••

Kochi@K0chi

5Mon

@value_virtuoso_135 yurr

••

Alex@nitroxx

6Mon

Is always described at the ETC provider, for TR users, also from Wisdom some are tax-free after 1 year

••

Deleted User

6Mon

Comment was deleted

Tenbagger2024@Tenbagger2024

6Mon

@tjwr
So an ETF on gold is not tax-free?

••

Uwe@SchlaubiSchlumpf

6Mon

@Tenbagger2024 I don't think we have any ETFs on gold in Germany. Only exchange traded commodities (ETCs). The difference is that these are bonds issued by the bank.
The $EWG2 is tax-free because it is deliverable. But gold ETFs that reflect the value of gold 1:1 do not exist here. As far as I know, this has something to do with regulations on fund composition.

•

Deleted User

6Mon

Comment was deleted

Uwe@SchlaubiSchlumpf

6Mon

@tjwr I heard the same thing

••