Blog Q&A Calculators Students Logbook Contact
Only -0 Days Remaining of Tax Season 2017! Click here to file your tax return with TaxTim now.

DBX tracker funds - are these taxed as local dividends or foreign?

Posted 25 February 2013 under Tax Q&A


Need help
submitting your
Tax returns?


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
We have some DBX tracker funds, when we get a monthly statement from the broker income is listed as foreign, but when the tax certificate is sent it is included as local, really confusing when doing provisional tax.

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.

TaxTim TaxTim says:
25 February 2013 at 18:49

The DBX tracker fund is a local fund which simulates a foreign stock exchange does it not? However the fund is local and releases local income which is then taxed in the form of local interest and dividends.

Biddy says:
26 February 2013 at 7:58

Dumb me - tracker says it all! Thank you.

The site is a great find.

Biddy

TaxTim TaxTim says:
26 February 2013 at 13:08

Only a pleasire! Glad you have this sorted out!


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Need help
submitting your
Tax returns?


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started