ETFs: Everything you need to know about tax on ETF investments in Australia.
One of the reasons exchange-traded funds (ETFs) have gained popularity with Australian investors is because they are highly tax efficient.
Compared to managed funds and Listed Investment Companies (LICs), ETFs tend to have lower turnover and pay out fewer capital gains. This is great news for investors in ETFs who typically inherit a lower tax bill during their holding period compared to other fund structures which need to distribute regular capital gains from redemptions or frequent rebalancing.
If you’ve invested in ETFs on your own, through a broker, or with the help of an automated investment service like Stockspot, here are some tax issues to consider.
Keep in mind that this article is general information only and doesn’t consider your personal circumstances.
Read more »