Derek Maloney
Registered User
- Messages
- 14
Hi,
I understand that currently U.S. domiciled ETFs such as SPY can be treated as regular shares with respect to CGT and dividend income. Is the same true for Gold ETFs such as GLD? Is there any issue with the underlying physical gold in such ETFs causing this type of investment vehicle being treated as a "collectible"?
I understand that currently U.S. domiciled ETFs such as SPY can be treated as regular shares with respect to CGT and dividend income. Is the same true for Gold ETFs such as GLD? Is there any issue with the underlying physical gold in such ETFs causing this type of investment vehicle being treated as a "collectible"?