I’m still struggling on this topic in order to understand which option is better…
Let’s take a classic example: iShares MSCI World (I actually have some shares of the Acc version).
If I search on the ESTV (2016) I find that the Acc version ( https://www.ictax.admin.ch/extern/it.html#/security/IE00B4L5Y983/20161231 ) in 2016 is taxed on an income of 0.833 CHF, while the Dist version ( https://www.ictax.admin.ch/extern/it.html#/security/IE00B0M62Q58/20161231 ) in 2016 is taxed on a total income of 0.644 CHF (total of the 4 distributions).
What does it mean ? The Dist version is taxed on a smaller amount while it takes into account that the 4 distributions had been already taxed elsewhere ?
The Dist version has a higher TER (0.50% vs 0.20%): does it make any difference in the above example ?
According to the ictax infos, the Acc version - in 1 Year - increased its value from 41.7 to 45.09 CHF (+3.39 CHF) while the Dist version from 35.29 to 37.81 CHF (+2.52 CHF). The “growth” difference between the two is 0.87 CHF -> more than the sum of the distributions, and therefore more taxed amount for the Acc version.
Thus, from a tax point of view, the situation would seem the same for both investments… what do you think about it ? Am I missing something ?