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Tax Treatment of European Accumulating ETFs?

Discussion in 'International Markets' started by fraa, Mar 15, 2016.

  1. fraa

    fraa

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    Hello,

    Saw some "accumulating" etfs over in Europe which do not pay distributions from the underlying but instead automatically reinvest it back into the fund.

    Example

    https://www.justetf.com/uk/etf-prof...cy-accumulating&isin=IE00B5BMR087&from=search

    My question is - how does the ATO treat this ? Does it treat it as if you have participated in a DRIP ? Or is the reinvested funds taxed as CGT when you later sell the fund ?

    Googled and found nothing so wondering if someone else have bought similar etfs for a longer term investment.
     
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