Upfront flat rate: Tips for fund and ETF owners to minimize the additional tax

According to a report by www.welt.de, at the beginning of the year millions of savers are threatened with an additional tax on the so-called advance flat rate for the first time. All fund or ETF owners are affected - even and especially if they have not touched their shares. This can have a significant financial impact on investors, particularly if they have invested large sums in funds or ETFs. The new tax burden could cause investors to rethink their investment strategies and possibly switch to other forms of investment. These changes could, in turn, affect the market for funds and ETFs and lead to a shift in the industry. It is important that investors inform themselves about the implications of the new tax and, if necessary, seek professional advice in order to make the best possible decisions.