# World portfolio using UCITS ETFs: discussion \[2026\]

**URL:** <https://forum.mustachianpost.com/t/world-portfolio-using-ucits-etfs-discussion-2026/12767>\
**Category:** Investing / Portfolios\
**Created:** [May 17, 2024, 10:58am UTC](https://forum.mustachianpost.com/t/world-portfolio-using-ucits-etfs-discussion-2026/12767 "2024-05-17T10:58:14Z")\
**Posts on this page:** 1\
**Showing post:** 330

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**Author:** ![gaijin](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/gaijin/32/13983_2.png) [@gaijin](https://forum.mustachianpost.com/u/gaijin)\
**Post date:** [May 28, 2026, 10:56am UTC](https://forum.mustachianpost.com/t/world-portfolio-using-ucits-etfs-discussion-2026/12767/330 "2026-05-28T10:56:29Z")

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> [@jay](#):
>
> Buying US-domiciled ETFs with ex-US stocks effectively takes 15% of the dividends from the Swiss government and gifts it to the IRS for no reason.

Referring to [this post](https://forum.mustachianpost.com/t/splitting-the-world-creating-tax-advantaged-global-stocks-portfolio-using-funds-in-3a-account/7001/2) I don’t see a flat 15% withholding tax in this table.

Rather, I see

Japan: 10%  
Canada: 15%  
South Korea: 17.6%

For these three countries I see a high withholding tax in IE domiciled funds:

Japan: 15%  
Canada: 25%  
South Korea: 22%

Am I looking at the right table?

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