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You still have to pay taxes on those dividends in the year they are paid.
by lisper 5y ago
You still have to pay taxes on those dividends in the year they are paid.
- klipt 5y agoIn America, yes. The person you're replying to seems to live in Europe. I believe in many European countries there's no tax on accumulating ETFs that reinvest dividends, until you sell them and realize the capital gain. In a way this erases the tax efficiency difference between dividends and buybacks.