I am in the 15% tax bracket. In terms of short term hold and long term hold, I want to know what the differences in taxes rules for specialty ETFs such as GLD (Gold ETF) and general ETFs as are?

  • 3
    Why do you think there are differences?
    – littleadv
    Jun 21 '12 at 20:19
  • 3
    @littleadv - because Congress has declared "nothing shall be easy." Jun 21 '12 at 21:03
  • @JoeTaxpayer is it only for GLD?
    – littleadv
    Jun 21 '12 at 21:07
  • I know it's for the metal ETFs. Offhand, I'd say it might cover non-metal commodities, but not researched that. Remarkable what congress hath wrought. And why the pros cannot keep up. Jun 21 '12 at 21:10

Gold ETFs are treated different than stock ETFs, as a collectable. This makes long-term investing in gold ETFs (for one year or longer) subject to a relatively large capital gains tax (maximum rate of 28%, rather than the 20% maximum rate that is applicable to most other long-term capital gains).

Read the Investopedia article The Gold Showdown: ETFs Vs. Futures for more details.


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