{"id":1023,"date":"2020-11-05T11:12:25","date_gmt":"2020-11-05T10:12:25","guid":{"rendered":"https:\/\/falconinvest.dk\/?p=1023"},"modified":"2023-12-07T08:46:14","modified_gmt":"2023-12-07T07:46:14","slug":"lagerbeskatning-bedre-end-realisationsbeskatning","status":"publish","type":"post","link":"https:\/\/falconinvest.dk\/lagerbeskatning-bedre-end-realisationsbeskatning\/","title":{"rendered":"LAGERBESKATNING: BEDRE END REALISATIONSBESKATNING?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;|15%||15%|false|true&#8221; custom_margin_tablet=&#8221;|0%||0%|false|true&#8221; custom_margin_phone=&#8221;|0%||0%|false|true&#8221; custom_margin_last_edited=&#8221;on|desktop&#8221; custom_padding=&#8221;1px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><em>Mange tror fejlagtigt, at udbytteudbetalende (realisationsbeskattede) aktiefonde er bedre end akkumulerende (lagerbeskattede) aktiefonde som f\u00f8lge af skattereglerne. Dette beror oftest p\u00e5 forsimplede foruds\u00e6tninger for beregningerne, eller at beregningerne er baseret p\u00e5 for\u00e6ldede skatteregler. Vi sammenligner derfor i n\u00e6rv\u00e6rende artikel de to beskatningsformer ud fra mere realistiske- og opdaterede foruds\u00e6tninger.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|desktop&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Konklusionen er, at forskellen mellem de to beskatningsmetoder er s\u00e5 begr\u00e6nset, at skatteforhold ikke b\u00f8r p\u00e5virke beslutningen om, hvordan der investeres i aktiefonde. Der b\u00f8r i stedet investeres i de aktiefonde, der ud fra et afkast\/risikom\u00e6ssigt synspunkt giver den bedste portef\u00f8ljesammens\u00e6tning for investor.<\/p>\n<p>N\u00e6rv\u00e6rende artikel er en forkortet udgave. For de l\u00e6sere, der gerne vil have alle foruds\u00e6tningerne for beregningerne, bilag samt uddybninger kan du downloade en l\u00e6ngere PDF-udgave herunder.<\/p>\n<p>[\/et_pb_text][et_pb_image src=&#8221;https:\/\/falconinvest.dk\/wp-content\/uploads\/2023\/12\/Skaermbillede_2023-12-07_083515-removebg-preview.png&#8221; title_text=&#8221;Sk\u00e6rmbillede_2023-12-07_083515-removebg-preview&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; width=&#8221;30%&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_font=&#8221;Nunito||||||||&#8221; text_text_color=&#8221;#BC9B66&#8243; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/falconinvest.dk\/wp-content\/uploads\/2023\/12\/Lagerbeskatning-realisationsbeskatning.pdf\" download=\"Lagerbeskatning: Bedre end realisationsbeskatning\" class=\"et_pb_button\" style=\"border-radius: 25px; font-family: nunito;\">DOWNLOAD ARTIKEL HER<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>For personer er skattereglerne for aktiebaserede investeringsforeninger, kapitalforeninger og aktiebaserede ETF\u2019er (i det f\u00f8lgende ben\u00e6vnte \u201daktiefonde\u201d) s\u00e5ledes:<\/p>\n<ul>\n<li>Udbytteudbetalende danske aktiefonde realisationsbeskattes<\/li>\n<li>Akkumulerende danske aktiefonde samt alle aktiebaserede ETF\u2019er lagerbeskattes<\/li>\n<\/ul>\n<p>Efter en \u00e6ndring af skattereglerne pr. 1. januar 2020 beskattes langt de fleste danske aktiefonde og mange ETF\u2019er som aktieindkomst, uanset om de underlagt lagerbeskatning eller realisationsbeskatning. Det vil sige, at beskatningsprocenten for alle aktiefonde nu er ens, uanset om aktiefonden er lagerbeskattet eller realisationsbeskattet. Tidligere var lagerbeskattede aktiefonde kapitalafkastbeskattede<\/p>\n<p>I 2020 beskattes aktieindkomst under 55.300 kr. (110.600 kr. for \u00e6gtepar) med 27%, mens aktieindkomst over 55.300 kr. (110.600 kr. for \u00e6gtepar) beskattes med 42%.<\/p>\n<p>P\u00e5 SKATs hjemmeside er en liste over 1.398 danske og udenlandske investeringsfonde, hvor SKAT har godkendt, at investorerne er aktieindkomstbeskattede (\u201cpositivlisten\u201d). Det er ikke alle udenlandske ETF\u2019er og akkumulerende danske aktiefonde, som er p\u00e5 positivlisten. Listen skal derfor altid konsulteres, f\u00f8r man investerer, s\u00e5 man er klar over, hvilke skatteregler man er underlagt. Positivlisten kan downloades via dette <a href=\"https:\/\/skat.dk\/data.aspx?oid=2244641\" target=\"_blank\" rel=\"noopener\">link.<\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>INGEN STOR FORSKEL<\/h2>\n<p>I nedenst\u00e5ende tabel vises afkastet efter skat for fire forskellige scenarier hvor der investeres 100.000 kr. den 1. januar i \u00e5r 1, og hele investeringen s\u00e6lges igen den 31. december i \u00e5r 4. I alle fire scenarier er det \u00e5rlige markedsafkast 7% i gennemsnit, svarende til aktiemarkedets langsigtede historiske afkast efter inflation (som for tiden er ca. 0%):<\/p>\n<p><strong>Scenarie 1<\/strong>: Alt investeres i realisationsbeskattede fonde. Markedet stiger j\u00e6vnt med 7% om \u00e5ret<\/p>\n<p><strong>Scenarie 2<\/strong>: Alt investeres i lagerbeskattede fonde. Markedet stiger j\u00e6vnt med 7% om \u00e5ret<br \/><strong><\/strong><\/p>\n<p><strong>Scenarie 3<\/strong>: Alt investeres i realisationsbeskattede fonde. Markedsafkastet svinger hen over \u00e5rene, men afkastet udg\u00f8r 7% om \u00e5ret i gennemsnit, ligesom i scenarie 1 og 2.<br \/><strong><\/strong><\/p>\n<p><strong>Scenarie 4<\/strong>: Alt investeres i lagerbeskattede fonde. Markedsafkastet svinger hen over \u00e5rene, men afkastet udg\u00f8r 7% om \u00e5ret i gennemsnit, ligesom i scenarie 1, 2 og 3.<\/p>\n<p>De detaljerede foruds\u00e6tninger og beregninger fremg\u00e5r af den udvidede artikel, der udgivet som PDF. Du kan finde den <a href=\"https:\/\/falconfms.dk\/er-lagerbeskatning-bedre-end-realisationsbeskatning\/\" target=\"_blank\" rel=\"noopener\">her<\/a>.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/falconinvest.dk\/wp-content\/uploads\/2023\/04\/Oversigt-over-afkast-tabel-e1604430173400-2048&#215;604-1.webp&#8221; title_text=&#8221;Oversigt-over-afkast-tabel-e1604430173400-2048&#215;604&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Som det fremg\u00e5r af tabellen, er der, modsat hvad der er den g\u00e6ngse opfattelse,<span>\u00a0<\/span><em>ingen<\/em><span>\u00a0<\/span>v\u00e6sentlige forskelle p\u00e5 efter-skat afkastet mellem lagerbeskattede aktiefonde og realisationsbeskattede aktiefonde.<\/p>\n<p>En interessant observation er, at afkastet p\u00e5 lagerbeskattede fonde er (marginalt) h\u00f8jere end afkastet p\u00e5 realisationsbeskattede fonde i det mest realistiske scenarie \u2013 nemlig at aktiekurserne svinger fra \u00e5r til \u00e5r.<\/p>\n<p>En anden interessant observation er, at afkastet p\u00e5 b\u00e5de realisationsbeskattede fonde og lagerbeskattede fonde er (marginalt) h\u00f8jere i det realistiske scenarie med svingende aktiekurser, end i scenariet hvor markedet stiger med den samme procentsats hvert \u00e5r.<\/p>\n<p>For realisationsbeskattede fonde skyldes det, at udbetalt udbytte (efter skat) geninvesteres p\u00e5 et lavere niveau, n\u00e5r aktiemarkedet er faldet. For de lagerbeskattede fondes vedkommende, er \u00e5rsagen nogenlunde den samme. Den negative skat, som realiseres efter \u00e5r med kurstab, geninvesteres i et marked, der ligger p\u00e5 et lavere niveau.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|tablet&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>UDBYTTE: EN FORDEL ELLER EN ULEMPE?<\/h2>\n<p>Nogen \u00f8nsker, at deres investeringsportef\u00f8lje skaber l\u00f8bende likviditet til finansiering af privatforbruget. I de tilf\u00e6lde virker det intuitivt bedst at investere i udbytteudbetalende aktiefonde, s\u00e5 man l\u00f8bende og \u201cautomatisk\u201d modtager likvider.<\/p>\n<p>Aktieudbytte beskattes i det \u00e5r, hvor det modtages. N\u00e5r en lagerbeskattet aktiefond modtager udbytte fra sine aktieinvesteringer, vil beskatningen af investor ske indirekte ved at v\u00e6rdien af aktiefonden stiger, og investor bliver beskattet af denne v\u00e6rdistigning.<\/p>\n<p>Da skattesatsen er ens i de to situationer, vil skattebel\u00f8bet v\u00e6re det samme, uanset om man modtager udbytte fra en realisationsbeskattet aktiefond, eller om man s\u00e6lger ud af en lagerbeskattet aktiefond, svarende til det udbytte som aktiefonden modtager.<\/p>\n<p>Valget af metode til at skabe likviditet fra portef\u00f8ljen vil s\u00e5ledes hverken p\u00e5virke efter-skat bel\u00f8bet af den tilf\u00f8rte likviditet eller det fremtidige afkast af portef\u00f8ljen.<\/p>\n<p>N\u00e5r man modtager udbytter, skal man dog v\u00e6re opm\u00e6rksom p\u00e5 at udbytter, der ikke forbruges, skal geninvesteres for at sikre at afkastet p\u00e5 de p\u00e5g\u00e6ldende aktiefonde optimeres. I modsat fald reduceres investeringsportef\u00f8ljen mere end n\u00f8dvendigt, og man g\u00e5r glip af de fremtidige afkast. For store udbytter i forhold til likviditetsbehovet skaber s\u00e5ledes mere arbejde.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|tablet&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>OVERSIGT OVER BESKATNING AF AKTIEFONDE<\/h2>\n<p><span>Hvis man investerer i personligt regi vil udbytteudbetalende aktiefonde blive beskattet efter reglerne om realisationsbeskatning. I mange andre situationer vil alle typer aktiefonde dog blive beskattet efter reglerne om lagerbeskatning, ogs\u00e5 de udbytteudbetalende aktiefonde. Dette er v\u00e6sentligt at have for \u00f8je, f\u00f8r man bruger for megen tid og energi p\u00e5 at analysere forskellene mellem de forskellige typer af fonde. Nedenfor vises dette i oversigtsform.<\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_image src=&#8221;https:\/\/falconinvest.dk\/wp-content\/uploads\/2023\/04\/Oversigt-over-beskatning-tabel-1-2048&#215;852-1.webp&#8221; title_text=&#8221;Oversigt-over-beskatning-tabel-1-2048&#215;852&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; border_radii=&#8221;on|15px|15px|15px|15px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|tablet&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Den overvejende del af danskernes formue er s\u00e5ledes investeret p\u00e5 en m\u00e5de, hvor alle aktiefonde beskattes p\u00e5 samme m\u00e5de, nemlig efter lagerbeskatningsreglerne:<\/p>\n<ul>\n<li>Der investeres igennem et (holding)selskab, eksempelvis et aktieselskab eller et anpartsselskab<\/li>\n<li>Der investeres i pensionsordning<\/li>\n<li>Der investeres via aktiesparekontoen<\/li>\n<\/ul>\n<p>Det er endvidere et krav, at investeringer foretaget i Virksomhedsskatteordningen<span>\u00a0<\/span><strong><em>skal<\/em><\/strong><span>\u00a0<\/span>ske i aktiefonde, der er lagerbeskattede.<\/p>\n<p>Den eneste situation, hvor man skal overveje forskellene mellem lagerbeskatning og realisationsbeskatning, er dermed i de situationer, hvor man investerer private midler i aktiefonde, og disse investeringer placeres udenfor eventuelle pensionsordninger og aktiesparekontoen.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|tablet&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>S\u00d8RG FOR AT HAVE ET GODT OVERBLIK<\/h2>\n<p>Det er i f\u00f8rste omgang vigtigt at have overblik over reglerne for, hvorn\u00e5r man bliver beskattet efter hvilken metode. Og i anden omgang hvilke aktiefonde man ejer, som er beskattet efter hver af de to metoder. Det har bl.a. betydning for cash flow, men ikke for afkastet, hvis man er en disciplineret investor.<\/p>\n<p>Et af de forhold, det er vigtigt at v\u00e6re disciplineret omkring er, at man skal forholde sig aktivt til de skatteregler, der er knyttet til de valgte investeringer for at optimere investeringsafkastet efter skat. Man skal eksempelvis tage aktivt stilling til om nogen af de realisationsbeskattede aktiefonde b\u00f8r s\u00e6lges for at udnytte progressionsgr\u00e6nsen mellem 27% beskatning og 42% beskatning. I modsat fald vil hele avancen blive beskattet p\u00e5 \u00e9n gang, n\u00e5r aktiefonden s\u00e6lges.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_divider color=&#8221;#1E1E1E&#8221; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.20.4&#8243; _module_preset=&#8221;default&#8221; text_font_size_tablet=&#8221;14px&#8221; text_font_size_phone=&#8221;14px&#8221; text_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;25px&#8221; header_2_font_size_phone=&#8221;25px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><em>Oplysningerne i dette materiale er udarbejdet til brug for orientering og kan ikke betragtes som en opfordring om eller anbefaling til at k\u00f8be, beholde eller s\u00e6lge ejerandele i virksomheder og v\u00e6rdipapirer omtalt i materialet, i Falcon Invest eller andre v\u00e6rdipapirer, ligesom de ikke kan betragtes som anbefalinger eller r\u00e5dgivning af finansiel, juridisk, regnskabsm\u00e6ssig eller skattem\u00e6ssig karakter. Falcon Invest og Falcon Fondsm\u00e6glerselskab A\/S kan ikke holdes ansvarlig for tab for\u00e5rsaget af dispositioner \u2013 eller mangel p\u00e5 samme \u2013 foretaget p\u00e5 baggrund af oplysningerne i dette materiale.<\/em><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mange tror fejlagtigt, at udbytteudbetalende (realisationsbeskattede) aktiefonde er bedre end akkumulerende (lagerbeskattede) aktiefonde som f\u00f8lge af skattereglerne. Dette beror oftest p\u00e5 forsimplede foruds\u00e6tninger for beregningerne, eller at beregningerne er baseret p\u00e5 for\u00e6ldede skatteregler. Vi sammenligner derfor i n\u00e6rv\u00e6rende artikel de to beskatningsformer ud fra mere realistiske- og opdaterede foruds\u00e6tninger.Konklusionen er, at forskellen mellem de to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1920","footnotes":""},"categories":[10],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lagerbeskatning vs. realisationsbeskatning? - Falcon Invest<\/title>\n<meta name=\"description\" content=\"Mange tror fejlagtigt, at realisationsbeskattede aktiefonde er bedre end lagerbeskattede aktiefonde som f\u00f8lge af skattereglerne. L\u00e6s mere her.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/falconinvest.dk\/lagerbeskatning-bedre-end-realisationsbeskatning\/\" \/>\n<meta property=\"og:locale\" content=\"da_DK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lagerbeskatning vs. realisationsbeskatning? - Falcon Invest\" \/>\n<meta property=\"og:description\" content=\"Mange tror fejlagtigt, at realisationsbeskattede aktiefonde er bedre end lagerbeskattede aktiefonde som f\u00f8lge af skattereglerne. 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