Comment by lxgr
2 days ago
Germany doesn't tax actual unrealized gains. They do tax foreign accumulating ETFs, but those really just dress up dividends to look a bit like unrealized capital gains to brokerages and, in the past, tax authorities.
2 days ago
Germany doesn't tax actual unrealized gains. They do tax foreign accumulating ETFs, but those really just dress up dividends to look a bit like unrealized capital gains to brokerages and, in the past, tax authorities.
Btw, I wonder why companies bother with dividends at all, when for most of their shareholders buybacks have tax advantages. (Economically, the two are the same.)