Nice overview. What is the tax on the dividend? If the dividend is accumulated, then NO tax? (VWCE) If the dividend is distributed, you pay tax in NL? (VWRL)
Hi Venkat, thanks. In this specific case it works as follows. Dividend is paid in accordance with the Irish tax system. No tax on dividend, NL has a tax agreement with Ireland so also no tax on dividend in NL. In other countries other scheme's can apply. VWCE fully in Ireland no tax on the retained dividend and thus also not on the accumulated dividend kept in the fund.
VWRL, VWCE wat heeft jouw voorkeur?
Nice overview.
What is the tax on the dividend?
If the dividend is accumulated, then NO tax? (VWCE)
If the dividend is distributed, you pay tax in NL? (VWRL)
Hi Venkat, thanks. In this specific case it works as follows. Dividend is paid in accordance with the Irish tax system. No tax on dividend, NL has a tax agreement with Ireland so also no tax on dividend in NL. In other countries other scheme's can apply. VWCE fully in Ireland no tax on the retained dividend and thus also not on the accumulated dividend kept in the fund.