Please note that the following answer only applies to clients residing in Germany.‌ 

With a Non-Assessment Certificate (NV-Bescheinigung), capital gains up to the income limit are not taxed. If the capital gains exceed the basic tax-free allowance, they must be declared in the income tax return.

Tax offices issue Non-Assessment Certificates for a period of up to three years. You can also apply for this certificate for your children. The application for issuing a Non-Assessment Certificate can be found here.

After you have received the Non-Assessment Certificate from your tax office, please send a copy of the document to:

Scalable Capital Bank GmbH
Seitzstraße 8e
80538 München‌

As soon as you have received the Non-Assessment Certificate from your tax office, please use the “Supportˮ function in the app or contact our customer service by phone. We will then provide you with a secure upload link. Please do not send us original certificates.