Tax rules for (foreign) investment funds
Investment funds generate returns from income (such as dividends or interest) and price gains or losses. Under corporate income tax (Vpb), income is taxed upon receipt, while price gains are only taxed upon realisation (sale). For losses, a foreseeable loss may be taken into account earlier. This system is called valuation at historical cost or lower value. Source: Hanneke Kroonenberg, Van Lanschot Kempen