ericgeurden
Nov 8, 11:53 AM
Same index, different tax bill: Vanguard's VWCE and VWRL both track the FTSE All-World, yet a Belgian investor buying €10,000 can pay €132 TOB on the accumulating one vs €12 on the distributing one.
TOB: 0.12% (max €1,300) for distributing EEA ETFs, 1.32% (max €4,000) for accumulating FSMA-listed ones. Due on buy and sell.
Distributing: payouts taxed at 30% (€200 gross → €140 net). Accumulating: no payout to tax.
Both fall under the new 10% capital gains tax when you sell.
$VT $ACWI
Which do you hold: accumulating or distributing?
Not tax or investment advice.
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