The «white-list» share is the percentage of an ETF invested in government bonds, taxed at 12.5% instead of 26% in Italy. Issuers certify it every semester in hard-to-find PDF and Excel files: we collect them all — 1,863 funds (2,702 ISINs) from 11 issuers — with the effective rate already computed.
Honest coverage: VanEck does not publish the white-list document (confirmed by the issuer); HSBC does not appear to publish it. For those funds the ordinary 26% applies unless your broker states otherwise.
| Issuer | Funds | ISINs | Covered until |
|---|---|---|---|
| iShares/BlackRock | 410 | 881 | 31 Dec 2026 |
| Amundi | 695 | 738 | 31 Dec 2026 |
| Invesco | 298 | 298 | 31 Dec 2026 |
| State Street/SPDR | 113 | 167 | 31 Dec 2026 |
| UBS | 55 | 162 | 30 Jun 2026previous semester |
| DWS/Xtrackers | 162 | 162 | 31 Dec 2026 |
| JPMorgan | 55 | 143 | 31 Dec 2026 |
| Vanguard | 22 | 72 | 31 Dec 2026 |
| Franklin Templeton | 31 | 36 | 30 Jun 2026previous semester |
| Fidelity | 13 | 24 | 30 Jun 2026previous semester |
| PIMCO | 9 | 19 | 30 Jun 2026previous semester |
In Italy, ETF capital gains are taxed at 26%, but the portion invested in Italian and «white-list» government bonds enjoys 12.5%. Effective rate = 12.5% × share + 26% × (1 − share). The share of the semester in which the sale occurs counts: your broker applies it, based on the issuer's official document. Each page in this database shows the share, the computed rate, the validity semester and the source.
It is the percentage of assets invested in Italian and cooperating-country («white-list») government bonds. On that portion the capital gain is taxed at 12.5% instead of 26%. The issuer certifies it every semester as the average of the last two reports.
Search above by ISIN or name: the page shows the share, the effective rate and the validity semester with the source. Alternatively, the official documents are on issuer websites (often behind professional-investor areas).
Almost always: it holds no government bonds, so the full 26% applies. The share matters for government-bond ETFs (often 90-100% → ~12.5-13%) and multi-asset funds (intermediate share).
A recently established fund has no semi-annual report yet, so the share is not determinable: by law it counts as zero (26%) on a transitional basis until the first report is out.
Rebalix follows white-list share, coupons, dividends and real return — ETFs, stocks, bonds and crypto together.
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