Why did Scalable cancel the shares

Emil_Invest · 2025-08-04T03:38:27.804800Z

The bonus shares of $1211 were canceled again.

4J

I have that too. I've already written to support. I am missing over 2000 euros in portfolio value. My guess: 10.06 was the ex-day for the bonus shares. These were apparently not tradable until the end of July. However, I had liquidated the position in the meantime. But that doesn't make sense either. Wait and see. I have contacted support.

••

Sebastian@user2606564aefb94d78

4J

They're back... but I had to pay a lot of tax on the newly booked shares. Is that the same for you?

••

Frank@schlimmschlimm

4J

@user2606564aefb94d78 Yes, I did too, why is that?

••

Lars92@Lars92

4J

@user2606564aefb94d78 Me too. Account 450 euros in the
minus 🤣

••

Manny@Superrichy

4J

Same for me, I received a distribution of €9.04 and they deducted €27.45 in taxes, very confusing

••

Frank@schlimmschlimm

4J

@Superrichy Me too....and what were the taxes for now?

••

enricoschmidt@enrico194

4J

@schlimmschlimm for me too, I think they take the value of the entry as the calculation of the tax. very questionable I would say.

••

Frank@schlimmschlimm

4J

@enrico194 But that can't be a profit, can it? My portfolio value hasn't gone up either. I'll try to find out.

•

2

•

enricoschmidt@enrico194

4J

so the share was divided into thirds, and taxes are levied on the 2/3 that were added, i.e. considered a profit, but in my opinion this is wrong. right?

••

Alex@Kumanshi

4J

Response Scalable:
Due to the structure of the capital measure determined by BYD, the delivery and tax valuation of the booking will not take place until the end of July 2025.

The allocation of bonus shares is a taxable event. The market value of the newly booked bonus shares at the time of allocation is considered a realized capital gain. In the event of a subsequent sale, this market value reflects your acquisition costs.

Seems right that it is taxed now. But in my case the purchase price is too low. This is simply the purchase price divided by the current number of shares and not by the number of shares purchased....

Does the value fit for you? I am now missing the value of 26.4 shares. I was charged taxes for 66 shares, but only 39.6 were entered as the value.

••

enricoschmidt@enrico194

4J

@Kumanshi but somehow that can't be right either, the split should be 3 instead of 1 share before, same value. i had 12 shares for 537,12€, now there are 36 for 451,08€, so loss, but pay 85,99 taxes for the entry, so you have 2/3 of your shares/ your money taxed although the share has not made any profit. that's how i understand it. and that can't be right. please correct me if I'm wrong. I took part in the split at NVIDIA 1/10 and there was no such trouble. this is more like cheating the customer, they took 2/3 of your money/shares away from you then gave you 2/3 of your shares back and called it a bonus. you then pay tax on the bonus, which isn't actually a bonus.

•

1

•

Manny@Superrichy

3J

I'm starting to feel like I'm being taken for a ride now, all this back and forth, apparently you get bonus shares as a gift and then have to pay taxes, the buy-in isn't right and the bottom line is that you make a loss, I'll never, ever do that again with !!!!!!!!!

••

Why did Scalable cancel the shares?