Trading 212 doesn’t deduct any capital gains tax on the profits from selling shares or closing of CFD positions, and it is our clients’ responsibility to calculate and pay any applicable taxes relevant in the country they live in.
There is a possibility for certain dividends to become subject to a withholding tax, which is applied by local tax authorities. On such occasions, Trading 212 will be required to apply this tax before crediting the dividends to your account.
We may be unable to adjust the applied withholding tax per the tax treaties between the country you reside in and the country where the company paying dividends is based. You can contact your local tax authorities or a personal tax adviser for more details on requesting redemption of the applied tax.
Your profits could be liable to taxation in your country according to local regulations. Usually, income from financial trading must be declared in your individual tax return. Please check with your local tax office.