Please note that the following answer only applies to clients of our Broker offering residing in Germany and Austria.
ELTIFs are subject to taxation like classic mutual funds or ETFs.
In Germany, realised capital gains from the sale or redemption of shares are subject to capital gains tax, along with the solidarity surcharge and possibly church tax.
As an Austrian tax resident, you have to declare tax on your investments in your annual tax return. Scalable Capital offers a free tax report across all asset classes and products to assist you with your filing.
Please note: Scalable Capital does not provide legal and/or tax advice. If you have specific questions about your tax return, please contact your tax advisor.
Investments involve risks. Liquidity restrictions apply. Consider specific product information.