Taxation of ETC

barbaros · 7 Nov 2024

I am aware of Deemed Disposal taxation for Exchange Traded Funds which is 41%. I was wondering if anyone knows what is the taxation rules for Exchange Traded Commodities? (Like SGLN). Is it same as ETFs or are these taxed as physical gold and treated with CGT?

Thanks!

ClubMan · 7 Nov 2024

Any use?

Taxation of precious metals ETCs

Five years ago, I decided to get exposure to gold and silver by buying some Exchange-Traded Commodity funds in an execution-only degiro account. Two of the funds are "domiciled in Ireland", one in Switzerland. As the funds just hold precious metals, there are no dividends. I expected to pay CGT...

www.askaboutmoney.com

site:askaboutmoney.com etc taxation - Google Search

barbaros · 7 Nov 2024

Thanks ClubMan,

This is the most clear to understand info I got from that link:

UCITS funds cannot directly hold physical metals such as gold. European domiciled products, such as iShares Physical Metals plc, are actually structured as (zero coupon) debt instruments and are taxed accordingly (ie under the normal CGT regime - gold does not produce an income).

Taxation of ETC

barbaros

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ClubMan

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Taxation of precious metals ETCs

barbaros

Registered User

Taxation of ETC

barbaros

Registered User

ClubMan

Registered User

Taxation of precious metals ETCs

barbaros

Registered User

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