iShares vs. Vanguard Global Tracker and exchange

Cintrapark

Afternoon to you all.
I'm a UK expat and am in the process of rearranging my investments here in Israel. 
My strategy has up until now been global and my personal portfolio contains Vanguard's FTSE All-World UCITS ETF USD (this involves a currency transfer once a month through Interactive Brokers). I note that I can now simplify the process by investing in iShares MSCI ACWI UCITS ETF. Blackrock has recently opened up in Israel and this fund is now available on the Tel Aviv Stock Exchange (https://www.blackrock.com/il/individual ... -ucits-etf). My questions are as follows:
1) Is there any reason why I shouldn't continue my investments with iShares global tracker; and
2) Is choosing the iShares fund listed on the Tel Aviv Stock Exchange an issue? I note that the bid spread seems pretty reasonable so can't think of any other issues?
Thanks to you all.

A_T

This ETF looks a good option now as a global index tracker - prevously at an OCF of 0.60% it now seems to be only 0.20%

Cintrapark

A_T said:

This ETF looks a good option now as a global index tracker - prevously at an OCF of 0.60% it now seems to be only 0.20%

Yes! One of my friends mentioned that it might be a waste putting it in a tax advantaged account. Do you know how these types of funds are treated from a tax perspective? 

bowlhead99

Cintrapark said:

A_T said:

This ETF looks a good option now as a global index tracker - prevously at an OCF of 0.60% it now seems to be only 0.20%

Yes! One of my friends mentioned that it might be a waste putting it in a tax advantaged account. Do you know how these types of funds are treated from a tax perspective? 

As a UK-based forum, the vast majority of members here are resident in UK and have never paid any attention to how the Israeli tax authority chooses to tax its residents. If you're resident in Israel, it would almost certainly be a waste putting it in an account from an international broker that is marketed as 'tax advantaged' if it does not actually offer you a saving on the Israel taxes that are due; I don't know what tax advantaged accounts exist in Israel (I know pension contributions are tax deductible, as they are here, but don't know what other types of accounts are on offer). 

My understanding is that an Israel resident would be taxed on their worldwide income (including dividend income) and would not be exempt from capital gains taxes when buying and selling shares in an ETF on the Tel Aviv stock exchange.  If you were not actually resident in Israel you would not pay any capital gains tax to Israel on gains you made on such stocks, but you would instead account for them where you are resident according to the rules of that country - for example, if you were UK tax resident, gains on shares of that Irish iShares MSCI ACWI UCITS ETF listed on the Tel Aviv stock exchange would be subject to UK capital gains taxes ; if you were a Hong Kong or Guernsey resident it would not be subject to capital gains taxes, because those countries don't have capital gains taxes.

If you are resident in Israel and use a broker outside of Israel (e.g. in UK or Europe) to buy and sell your investments, the broker will still report your total account balance at the end of each year and the totals of annual dividends, capital proceeds etc to its local tax authority so the information can be shared between that local tax authority and the Israel tax authority, under the automatic exchange of information rules.  The non-Israel stockbrokers don't know how much (if any) tax you will owe in Israel because that depends on your personal circumstances, so they just report the data - but the automatic annual reporting helps ensure you don't skip any taxes that might be due in Israel on your income or gains.