This article will speak about potential taxes on index funds. Before speaking about the article, it is important to note that:
- We aren’t tax advisors
- Tax rules can change
- Taxes all around the world are on capital gains. We don’t know of any country which simply taxes an account which is rising in value
- Nobody can know what the tax laws will be in 10, 20 or 30 years. So it is best to “cross that bridge when you come to it” and not worry about it on day 1.
- We have worldwide clients so this is a general introductory article
‘Index Fund Definition’ — Index Fund, also known by the name ‘Index Tracker’, are the type of funds that are designed in order to track the performance of any other financial market index. Index Funds are known to be an efficient form of passive investment and don’t require to be managed on a regular basis. Index Funds are used by many investors in order to diversify their portfolios.
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