How are ETFs taxed?

The topic of the seventh podcast in the Highgate Talks series is ETF taxation.
In this podcast, our partner Peter Varga, as a moderator and discussant, together with Michal Májek, a member of the board of Tatra Asset Management, address the issue of ETF taxation from the perspective of the current legislation and the position of the Financial Administration.
What is an ETF and how can it be classified for the purposes of our Securities Act?
How do the rules work for securities exemptions?
Has this exemption been achieved at all to support the Slovak capital market, taking into account the different taxation for ETFs and units?
These key questions are also addressed in the podcast. Watch the video podcast to the left, or just listen to the audio podcast itself below.