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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 capit
by lxgr 10mo 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.
- eru 10mo agoBtw, 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.)