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



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.

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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!



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