Leveraged Equity, Gold, BTC ETFs?

srdjanrosic

srdjanrosic

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Wondering about the tax treatment, of e.g. 3QQQ, or 4RT8, or PCFP.

What would make them subject to 41% DD what would make them CGT?
 
They are all ETFs so subject to 41% exit tax and 8 years “gross roll-up” regime
 
You need to read the KID of each one to see whether it's structured as a UCITS fund or as a debt security.


While an investment in an Exchange Traded Fund (ETF) would generally represent a material interest in an offshore fund, investments in Exchange Traded Commodities (ETC) can vary and may be a debt security. If an ETC is a debt security, then it will be taxed in accordance with general taxation principles.
Click to expand...

QQQ3 is not a UCITS ETF, it's an ETP debt security (exchanged-traded product).

4RT8 and PCFP are not UCITS ETFs, they are ETC debt securities (exchange-traded commodities).

Since none of them are ETFs and they are structured as debt, CGT applies.
 
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