9Lun
Be careful with $TDIV as there is a withholding tax of 15% in netherlands, which depending on your country of residence, you may not recover and you will end up paying dividend tax in your country as well
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9Lun
@xcatalin Thanks for the comment! I have already heard about this tax, but looking online I was told that every ETF has a double taxation, the difference between TDIV and others is that in the others (for example Vanguard, iShares and so on) the first taxation is not showed in the brokerage account as it is witheld straight away, while in TDIV and other Dutch ETFs the broker shows the import before both taxations so it seems that the taxation is higher. Practical example: here in Italy there is a dividend tax of 26%; a dividend from an Irish ETF comes in my broker already partially taxed and to my eyes seems like there is a single tax of 26%. TDIV looks like has a double taxation for a total of 41% (15% dutch and 26% italian on the remaining 85%).
This is what other italian investors told me, and even if it isn’t true, I think that TDIV is a great growth ETF!
This is what other italian investors told me, and even if it isn’t true, I think that TDIV is a great growth ETF!
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9Lun
Some domicilied in Luxembourg which tracks european indexes does not retain the first tax. Then $JEGP for example does not have any tax because these are not considered divididends and you will only pay capital gain tax in your country of residence.
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•9Lun
@xcatalin can you tell me some of these ETFs? I will do some research 🔬
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8Lun
@Frasgaa sorry for the late response 😅
You can look up for stoxx europe 600 or stoxx euro 50 indexes.
Some etfs are $XESX $XSX7. These are from xtrackers with low ter but there are from other providers as well. You can look it up on justetf.com
You can look up for stoxx europe 600 or stoxx euro 50 indexes.
Some etfs are $XESX $XSX7. These are from xtrackers with low ter but there are from other providers as well. You can look it up on justetf.com
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•8Lun
@xcatalin The first one you suggested is really interesting! I could not find the second one in my broker, but the first one is for sure getting added to my watchlist haha!
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