Depending on your account type and trading activity, taxation may vary. In some instances, we will automatically deduct income taxes and transfer them to tax authorities. For activities where taxes are not automatically deducted, we will provide you with a detailed Capital Income Statement (Erträgnisaufstellung Anlage KAP) to make completing your tax declaration as easy as possible.
Who does automatic tax deduction apply to?
Only German tax residents registered under Trading 212 FXFlat.
When are taxes automatically deducted?
- Realised profit (CFD)
- Dividend adjustment (Long position)
- Overnight swap interest
- Interest on cash (both CFD and Invest)
- Result adjustment (CFD)
- Goodwill gestures
When will taxes not be deducted?
- Realised profit (Invest)
- Dividend (Invest)
- Result adjustment (Invest)
📄 Note
In these instances, you will need to file taxes yourself, but you will receive a Capital Income Statement to assist you.
Why are taxes not automatically deducted?
We are currently working on enhancing our license and implementing the necessary functionality to enable tax withholding in the future. At the moment, we do not support tax withholding for Invest accounts.
Where can I check my deducted tax?
You will be able to see that information in the History section of the app, as well as in your account statements.
How is Trading 212 helping you with your taxes?
For your convenience, if your taxes are not deducted automatically, we will provide you with a detailed Capital Income Statement (Erträgnisaufstellung Anlage KAP) after the end of the tax year. This report will list all Invest-related income and clearly indicate where to input all of the data on your tax return forms. Even if you have to file your taxes yourself, this report makes the process as simple and stress-free as possible.
What are the tax submission deadlines for Germany?
- July 31: For clients who file their taxes independently.
- April 30 of the following year: For clients who file through a tax advisor or tax assistance association.