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Re: Index ETF's (STW) vs LIC'sThread revival!Can anyone add any closing comments to this thread on the taxation implications from investing in either an LIC vs an ETF?So far in this thread:LIC = Pays CGT, may get 50% discount. Absorbed within the company, therefore no CG (other than SP appreciation) for investor.ETF = Does not pay CGT. Any CG in a year passed on to investor?Did I read the thread correctly?Thank you.
Re: Index ETF's (STW) vs LIC's
Thread revival!
Can anyone add any closing comments to this thread on the taxation implications from investing in either an LIC vs an ETF?
So far in this thread:
LIC = Pays CGT, may get 50% discount. Absorbed within the company, therefore no CG (other than SP appreciation) for investor.
ETF = Does not pay CGT. Any CG in a year passed on to investor?
Did I read the thread correctly?
Thank you.
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