(@Ardo) on getquin

1Yr·

I wanted to know from you why I received a dividend for the share $BG (+1.72%) Dividend have received but according to my calculation no taxes had to pay. I have read that for residents of Austria no taxes are due but I am not 😅.

5 Comments

Seventrader@7Trader

1Yr

The dividend was distributed in the form of a repayment of contributions - no TAX is payable on it. Cool thing, right!!! 😎 On the other hand, if you sell your shares at a later date, you will have to pay a higher capital gains tax, as your purchase price has been reduced by the repayment of capital contributions. So it's best to buy more shares and leave them 🤑🤞

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