nr9246

Hi, just so I understand correctly.. if I own an accumulating ETF (it automatically reinvests dividends), then I have nothing to declare in terms of dividends? I would only pay tax once I sell and incur a capital gain, is that right? Many thanks

Thanks for the response. Just one follow up question for clarity please: If I sold my accumulating ETF, and then immediately used all those funds to buy the distributing ETF, the original sale would still be subject to CGT? Have I got that right? Phrased another way, is there any way to switch from an accumulating ETF to the same fund’s distributing version without incurring CGT? The ETFs in question are domiciled in Ireland, if that makes any difference. Many thanks!

Hi, I currently own an accumulating ETF in a taxable account. The ETF is ‘iShares Core S&P 500 UCITS ETF - Accumulating’. Ticker CSPX. iShares also offer a distributing ETF ‘iShares Core S&P 500 UCITS ETF - Distributing’. Ticker IUSA. Both ETFs hold the exact same assets. I would like to switch to their distributing version. My question is - can I sell the accumulating ETF then buy the distributing ETF without crystallising a gain for CGT purposes? Many thanks