3D·

TR has raised its cost price again?

$1211 (+1.23%) At first everything was fine, I got the bonus shares last month and my equity was adjusted to the old level of €10, was well up as before the split.


Now I'm looking at my portfolio again and I'm in the red because the equity was adjusted to 14.xx... what the hell is happening here?


As long as it goes back and forth, I won't buy any more BYD.

5
37 Comments

Have a look at the debit you have just posted Taxes for bonus shares
1
profile image
@dividend_hunter_1721 Oh shit, that's another €400 in taxes right there
profile image
is this real or just a mistake? what good are the bonus shares if I am now heavily in the red and still have to pay taxes 😂
Value 168 Euro bonus shares and almost 900 Euro taxes ...
1
A few days ago, a good €400 was also deducted from my allowance. After 1-2 days, the 12 bonus shares were canceled again and later booked back in without debiting the allowance. However, I am with Scalable...
profile image
@Maxyzz_ I also find it very strange. TR announced the adjustment in an email, but somehow I can't get my head around it. I'm now also heavily in the red.
Surely this can't really be the final result? 😕
1
profile image
@Monchmichi87 the German state has seen the shares as a gift and they will be added to your income including taxes if your tax-free allowance is used up.
@Derspekulant1 However, this does not change the fact that the equity should remain unaffected because it was deducted from the account (at least for me).
1
profile image
@jkbsmn92 You didn't get the shares as a gift, you received money from BYD and bought some, which is exactly how the state sees it, unfortunately.
profile image
@Derspekulant1 In Austria, for example, Flatex takes a different view.

Initially, taxes were also charged here, but flatex has now revised this.

Flatex has now refunded the tax and booked all bonus shares at eur 0.00001 per share - as it is not a corporate action as part of a dividend payment.
profile image
@TechNerd1337 But this is not about the taxes, Germany sees it that you have received shares as a gift and they are worth something and they are calculated on your income, you also pay taxes on them but they are deducted from the tax-free amount but do not burden the income.
profile image
@Derspekulant1 well - there is already an article on this in Germany, flatex sees the whole thing as a stock split and not as a dividend in kind or bonus share - would then also be neutral in DE.

https://www.investor-verlag.de/aktien-und-aktienhandel/byd-split-und-ihre-steuern/

https://www.boerse-express.com/news/articles/byd-aktie-aktiensplit-chaos-sorgt-fuer-steuerschock-817621
profile image
@TechNerd1337 As I said, this is not about how a bank classifies the tax, but that the German state sees this as a gift, which is shown by the settlement in TR & SC in Germany.
profile image
@TechNerd1337 Here is the news from Trade Republic:

Thank you for reaching out regarding the taxation of the BYD corporate action. This event is not treated as a stock split but as a dividend payment for tax purposes, which means that it is taxable. Please note that the buy-in dates have already been adjusted. For more information on the taxation rules, please see the relevant article in the Help Center under Assets > BYD Dividend & Bonus Shares. Please note that Trade Republic has no influence on corporate actions or their implementation.
profile image
@Derspekulant1 This is what flatex writes:

At the end of July, we booked shares of BYD, ISIN CNE100000296, into your securities account, which resulted from a corporate action from June 2025.
On the basis of the data provided to us, we have valued the corporate action as a dividend payment and deducted
withheld capital gains tax upon recognition.
Based on new information, this decision must be revised. As a result, the capital measure can now be recognized without
withholding tax can now be made. We will therefore cancel the original booking and refund the taxes.
tax - the shares will then be booked tax-free.
We apologize for any inconvenience this may cause.
We have compiled answers to the most important questions for you below.
If you have any further questions or if we can assist you with the capital measure, we will be happy to help you at any time.
be there for you.
profile image
@TechNerd1337 When exactly did you receive this message from Flatex?
View all 4 further answers
profile image
Here is a message from TR that I was able to get:


Thank you for getting back to me regarding the taxation of the BYD corporate action. This event is not treated as a stock split but as a dividend payment for tax purposes, which means it is taxable. Please note that the buy-in dates have already been adjusted. For more information on the taxation rules, please see the relevant article in the Help Center under Assets > BYD Dividend & Bonus Shares. Please note that Trade Republic has no influence on corporate actions or their implementation.
1
@Derspekulant1 at least the overall rating is unaffected.

Can't update get quin now or it will pull the wrong values from Trade back in.

What a mess with TR
profile image
@dividend_hunter_1721 the problem is that TR did it wrong, I did some research and the way they calculated that the EK was increased is not right and Flatex has revised it again. Unfortunately, it doesn't work with customer service, so TR will get mail from me.
@Derspekulant1 I got exactly the same answer.
1
profile image
@dividend_hunter_1721 Unfortunately you can forget the chat I always get the same answers after 2 texts 😅
profile image
I still haven't booked any bonus shares (finance zero) :/
profile image
@Tobiwankenobi500 but hopefully everything will run smoothly for you. It's better to give the broker some time to make a clean booking than this unspeakable TR back and forth that you keep reading about here muss🤷🏼‍♂️😂.
3
@All-in-or-nothing you're right about what they're doing
1
profile image
I don't know which "broker" you've been with, but everything has been running smoothly for me since 11.06...and bonus shares are only taxed when they are sold and not before....🤷🏻‍♂️
profile image
@SAUgut77 BYD has made the stock split very special and not necessarily in the interest of the shareholders, at least in my opinion. This is not like many stock splits we have seen in recent years.
1
profile image
@CashDividendGamer maybe it's also the broker...I'm with SB+ and everything went smoothly...all shares were booked in on 11.06., prices are correct and the dividend arrived on 29.07. 🤷🏻‍♂️
profile image
@SAUgut77 I find it annoying that some shares are booked as a quasi gift and then taxed. All brokers now charge this and deduct it from your account. However, in terms of the total value of my position, I don't have the impression that BYD has "gifted" me anything. So yes, rather unpleasant.
For me, the displayed buy-in has deteriorated in a way that is really unrealistic... and tax deduction too (with TR)
@jkbsmn92 yes, for me too. It's really brutally unrealistic that my buy-in has gone up by €1.50 with ~€250 in taxes. I don't know, but that can't really be the case... I hope there will be another update soon
1
profile image
Taxes on the bonus shares thanks to the German state despite exemption you can thank the tax office.
@Derspekulant1 is really the case, in Austria these taxes have already been refunded.
1
Join the conversation