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Capital Gains Tax in Investment Trusts/OEICs?
THENOX
Posts: 118 Forumite
Hello,
I've just read that within Unit Trusts there are no CGT
(you generate CGT when you sell units) :mad:. How this works with Investment Trusts and OEIC? -Any CGT within the fund there? 
THX,
THE NOX
Everything Worthless Serves a Purpose…
I've just read that within Unit Trusts there are no CGT
(you generate CGT when you sell units) :mad:. How this works with Investment Trusts and OEIC? -Any CGT within the fund there? THX,
THE NOX
Everything Worthless Serves a Purpose…
0
Comments
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CGT is a tax levied when you realise the gain i.e. when you sell them ... UTs, ITs OEICs (unless protected within an ISA)EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
Yes, but I'm asking about CGT within funds payed by fund itself? I know that Unit Trusts don't pay this but what about Investment Funds and OEICs?
THE NOX
[FONT="]New Term for an Old Phenomenon…[/FONT]
0 -
No there is no CGT within Collective Investment Trusts
Capital Gain Tax is liable when there is a chargable Gain
The situation is different in the U.S.A. when some Gains made within Mutual Funds become chargeable gains for individuals depending on the Tax situation of the holder'In nature, there are neither rewards nor punishments - there are Consequences.'0
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