There was a prior thread stating that VT/VTWAX deducts foreign taxes paid from the dividend for tax reporting purposes. If that is correct, then while you don't get the FTC back, you are not having to pay US or state tax on that part of the dividend that you did not get. I've not investigated how this varies from the dividend reporting of VXUS, but it may render the FTC issue as moot.
In an IRA or other tax-qualified account, VXUS is more tax-efficient then IXUS because it pays less in foreign taxes.
In an IRA or other tax-qualified account, VXUS is more tax-efficient then IXUS because it pays less in foreign taxes.
Statistics: Posted by Northern Flicker — Sun Jun 09, 2024 1:48 am — Replies 12 — Views 737