Optimization of portfolio (withholding taxes)

[leman]

@Joe_Coconut

Found a great page by PWC, listing all country relations for WHT: France - Corporate - Withholding taxes

Seems like the US enjoys the same treatment as LUX/IE for France, germany, China etc. And even more favorable for Japan.

That is new information to me. I always acted under the assumption that it is better, from a tax perspective, to own:

• US-domiciled ETFs for US exposure,
• CH-domiciled ETFs for CH exposure,
• IE UCITS for everything else.

Is my knowledge obsolete?

Edit: Apologies - I stumbled upon this, and will do some homework first

Splitting the world: creating tax-advantaged global stocks portfolio using funds in 3a account

An N+1st attempt to summarize information helping to optimize taxes arising from investments with ETFs. Some preliminary comments: I am going to mostly refer to MSCI indices. Their definition/composition can be found at msci.com (search for pdf factsheets). MSCI ACWI is all-countries index: 50 countries, 23 Developed Markets, 27 Emerging Markets. An up to date country weights can be found at ACWI | SPYY : SPDR® MSCI ACWI UCITS ETF (see Holdings → Geographical Weights).