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Taxation of International ETFs

Discussion in 'Accounting, Tax & Legal' started by BuffettTheDog, 6th Dec, 2011.

  1. BuffettTheDog

    BuffettTheDog Active Member

    Joined:
    22nd May, 2011
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    Location:
    Melbourne, VIC
    I was taking a look at this product: Vanguard All-World ex-US Shares Index ETF

    I understand, given I am an Australian resident and citizen, that distributions will be regarded as assessable foreign sourced income. Has anyone invested in this or a similar ETF before? I am just wondering whether it would be complicated to report this on a tax return or whether e-tax does it automatically for you.
     
  2. zudjian

    zudjian Member

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    25th Nov, 2011
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    Location:
    Melbourne, VIC
  3. BuffettTheDog

    BuffettTheDog Active Member

    Joined:
    22nd May, 2011
    Posts:
    35
    Location:
    Melbourne, VIC
    I presume that will be relatively straightforward to report then. Thanks!