Accumulating or Distributing funds?


I recently read somewhere that Germany, with its recent changes in tax calculations, now makes no difference on how to tax Acc/Dist. funds. Can anyone verify this please? For German residents, can ayone suggest which ones are good to buy btw. Acc & Dist.? I’m not interested in getting dividends and if I get them, I’d want them to get reinvested anyways(T212 has this already). I just want to know what’s the best way from a tax perspective.


This link may be helpful. There are worked examples.

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For UK taxpayers the tax situation is described in a similar article here. As in Germany, the dividends that you never see but which are rolled-up in accumulating ETFs are taxable, with the result that the tax burden of distributing and accumulating ETFs do not differ significantly.