Spaghetti Finance

Tag: etfs

  • Italian wealth tax: IVAFE

    Italian wealth tax: IVAFE

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    luca3m
    in

    IVAFE, or “Imposta sul Valore delle Attività Finanziarie detenute all’Estero,” is a tax on financial assets held abroad by Italian residents, including ETFs. It is paid yearly at a 0.2% rate for assets held in non-blacklisted countries (including the US). This tax can be likened to an ETF management fee.

  • Demystifying Direct indexing

    Demystifying Direct indexing

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    luca3m
    in

    In recent years, direct indexing has gained momentum, particularly with the rise of FinTech companies. It represents a newer approach to investing compared to traditional ETFs and mutual funds, offering increased customization and the potential for higher returns. What is Direct Indexing? ETFs and mutual funds typically hold a portfolio of stocks that mirror an…