How are my investments taxed in Austria?

Your securities account is held in Germany. If you are a tax resident of Austria, your capital gains are neither subject to German final withholding tax nor direct Austrian capital gains tax deductions. Instead, investment income is taxed through your annual income tax return. 

Scalable Capital offers a free tax report to assist you with your tax filing. For more information on the intuitive tax report, please visit our website.

Please note: this does not apply to withholding taxes (e.g. share dividends). These are collected locally and paid directly to the tax authorities of the respective country.

Scalable Capital does not provide legal and/or tax advice. If you have specific questions about your tax return, please contact your tax advisor.