Markus@_xempex_

1Mes

I only use Revolut for vacations and foreign currency transfers. I used to have Cryptos. Before you couldn't withdraw them, so I was never sure if they were "real" cryptos. :) But you can do that now.

About the broker. In addition to the questions posed by the poster, I would also like to know to what extent this is regulated for tax purposes. I assume that no withholding tax is deducted. How much discussion is required with the tax office?

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Jo'@Jo_Wolf

1Mes

@_xempex_ For U.S based equities, Revolut applies the U.S withholding tax in accordance of the potential treaties of taxation between your residence country and the U.S.

Then it's your job to calculate and declare to your own country fiscal authorities and pay taxes.

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Markus@_xempex_

1Mes

@Jo_Wolf alright, thank you! I thought so. I am already trading stocks and shares via Interactive Brokers, so dealing with the tax authority is known to me. :)

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