ETFs, iShares etc
28 May 2007, 01:00 PM
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ETFs, iShares etc
The attraction of these seems to be that you avoid stamp duty if you buy them through a non-UK stock exchange.
If they are investing in property or shares, presumably you get the income (ie rental or dividend) incorporated in the share price? Am I right in saying that this income is exempt from taxation because of the structure of these funds, and that the only liability for a UK taxpayer would be CGT?
Anyone buying/selling these, and what online broker do you use?
If they are investing in property or shares, presumably you get the income (ie rental or dividend) incorporated in the share price? Am I right in saying that this income is exempt from taxation because of the structure of these funds, and that the only liability for a UK taxpayer would be CGT?
Anyone buying/selling these, and what online broker do you use?
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