Do securities bought before 2009 remain tax-exempt after a transfer?

Securities acquired before 1 January 2009 are exempt from capital gains tax upon sale.

Before the introduction of final withholding tax, banks were not obligated to record purchase values. Therefore, when these older holdings are transferred, only the acquisition date may be transmitted to us. However, the tax treatment is solely governed by the acquisition date.

The purchase values used for the affected shares are based on the price on the day we received them. Please note that the value shown in your client area is for guidance purposes only and is not relevant for the actual tax calculation.